Credit Reports

You may have heard that one of every five Americans have errors in their credit reports that cost them a higher interest rate. You may have also heard that recent laws make it mandatory for the credit agencies to investigate and repair credit reports if requested to do so. What you may not know is that the credit reporting agencies are swamped with requests, and do not feel it is worthwhile to hire additional investigators. Therefore, they’ll erase bad marks in your credit reports whether legitimate or not, if requested to do so.