How to
CLEAR UP Any CREDIT ERRORS
and MAINTAIN an ACCURATE CREDIT REPORT
Find Out What’s in the Report
•The three major credit “repositories” are Equifax, Experian,
and
Trans Union
•Requesting a report from each should cover your complete credit
history
•(you can request reports online:
www.equifax.com,
www.experian.com,
or
www.transunion.com)
•You are entitled to one free credit report per year.
See if Somebody Goofed
•Most financial information, such as your
credit card payment history,
is sent directly from creditors’ computers to the three
repositories’
computers
•Data transfer still involves human input, including information
gathered from courthouse files, for example.
•Simple recording errors or mistaken identities could result in
a
mistake on your credit report
Request Corrections!
•Credit bureaus are obligated to investigate complaints and
correct
errors
•Consumer vigilance is important
Avoid Future Confusion
•Always use your full legal name in all financing matters - it
reduces
the odds of getting your credit file confused with that of
someone
else
•Use a single address for all your consumer loan statements
Then Get the Right Home Mortgage
Whatever your home financing needs, I’m ready to help you with a
broad range of programs, money-saving options and personalized
service.
Your credit report plays an important
role in the mortgage process. It
contains data from creditors, public
records and other sources. And in
some cases, it also contains errors.
You should obtain a copy of your
credit report six months to one year
before applying for a mortgage, so
you can review the information and
see that any errors are corrected.
Information provided by:
Michael Miller
Vice President / Mortgage Lending
Mobile: 757-409-4329
michael.miller@townemortgage.us
4525 South Boulevard .
Suite 102 . Virginia Beach . Virginia . 23452 .
www.townemortgage.us
(757) 491-6300 Toll Free (888) 637-1321 Fax (757) 687-8830
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