Tuesday, May 24, 2011

No, my, God!? My credit report is correct?

The Credit Video "Fundamentals"
OMG! Your credit report is a lot less likely to have errors that will negatively effect your credit worthiness than previously reported, according to a new study by the Policy & Economic Research Council (PERC), “U.S. Consumer Credit Reports: Measuring Accuracy and Dispute Impacts.”

by Broderick Perkins
© 2010 DeadlineNews.Com
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Deadline Newsroom - You can rest easy about the potential for errors on your credit report, just as long as you aren’t lulled into a false sense of security about keeping tabs on your credit report.

Your credit report is a lot less likely to have errors that will negatively effect your credit worthiness than previously reported, according to a new study by the Policy & Economic Research Council (PERC), “U.S. Consumer Credit Reports: Measuring Accuracy and Dispute Impacts.”

What’s more, correcting any errors you may discover on your credit report isn’t going to substantially raise your credit score or improve your credit.

The findings could shed new light on advice about credit monitoring services, credit repair services and on keeping tabs on your credit report.

Get the full scoop from MortgageMatch.com: Survey: Your Credit Report Is Correct

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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.

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