Credit reports have an important role in our lives, affecting our ability to secure loans, housing, and in some cases, employment. It is important to check your credit reports for inaccuracies so you can more quickly rebuild your finances. Here’s how you can pull credit reports at no cost and challenge errors. Every 12 months, it is possible to secure a free copy of your credit reports from TransUnion, Equifax and Experian, the three credit reporting agencies. To do this, visit annualcreditreport.com and request your credit reports. Once you have a copy of your credit reports, it is time to check for errors. Check for debts sent to collections that do not belong to you, accounts with erroneous credit limits, and payments that have been incorrectly labeled as late. After spotting errors, gather as much documentation and evidence as possible to support your disputes. For example, if you have receipts…
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