What should I do if there is inaccurate information on my credit report?

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player
Markita Aldridge
Mortgage Consultant, WestStar Mortgage
www.thelendingadvisors.com  
703-497-3936

Markita has been called :The Queen of Mortgage Financing especially after a BK". Since 2002, Markita has been a top-producing loan officer with WestStar Mortgage located in Lake Ridge, VA. She offers her clients expert service in mortgage financing regardless of credit history. Markita's former career as a professional basketball player with the "Washington Mystics of the WNBA" has been her foundation for creating a TEAM atmosphere when dealing with her mortgage clients. She truly believes Together Everyone Accomplishes More! You can visit her website at <a>www.TheLendingAdvisors.com</a> for more information and several FREE mortgage reports that reveal lending secrets other mortgage bankers don't want you to know!

What should I do if there is inaccurate information on my credit report?

 

This expert: 29,392 views

This series: 9,404 views

Print

Transcripts

Host: What should I do if there is inaccurate information on my credit report?

Markita Aldridge-Woods: Well, the first thing you want to do is check all three of your credit reports and if that information there is wrong you want to take that exact credit report, circle that item and send it back to the credit bureau with a letter explaining why you think the information is wrong. If you have any documentation approved there, you also want to attach that with the letter and send it over for an investigation. Meanwhile, you also want to contact the creditor who has placed that information on your credit report and the last but not the least thing you don t want to send this regular mail; you want to send all of your correspondence certified mail.

Other Videos

  • How does your mortgage decision relate to product? In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.
  • What is a positioning statement and why do I need one to start a business?
  • What are bull and bear markets?
  • Is it possible to improve a poor credit score? In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination. This video is designed to deliver basic financial information to assist individuals and families to be able to identify goals and process strategies for their specific financial needs. The topics included in this video cover are: self-evaluation of debt load, budgeting strategies, understanding the effects on your credit and scores, why savings is important, how to develop a debt elimination plan, and the importance of financial education and how financial counseling may be useful.
  • What is the first financial commitment in marriage? In this video, David Marotta discusses why it's important to agree in a marriage how finances are handled, and what the five principles should be.
  • How to Sell a Home - Short Sale This video provides tips from experienced realtors and mortgage brokers on how to sell a home, buy a home, price a home and select an agent. Get the best deal you possibly can when either buying or selling your home!