Did you know that up to 25% of credit reports have an error? Yes, a new study by the Federal Trade Commission (FTC) finds that “25 percent of consumers identified errors on their credit reports that might affect their credit scores.” That means that Equifax, Experian and Trans Union have errors on a whole bunch of credit reports! The Huffington Post has a great article about this study that you can read here.
From the Huffington Post “The FTC study reveals that 5 percent (instead of the previously believed 1 percent) of consumers have errors on their credit reports that could result in serious financial ramifications.” What is a serious financial ramification? How about higher interest rates? Maybe you do not qualify for a mortgage or maybe your interest rate on your credit card goes from 9% to 18%.
So what can you do about this? How about a FREE review of your credit report? Yes, that is right. (You can also get your credit report for free from Annualcreditreport.com, although there is no one to review it with you.) I will review your credit report for FREE! No strings attached. Email me or call me so we can begin the process and review your credit report. There is absolutely no obligation to do anything. You can’t beat this deal!