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Credit Myth #8

By
Services for Real Estate Pros with INC Financial

 I only need to correct my credit report with one Credit Bureau.

Fact: Credit Reporting Agencies do not share information with each other.

Even if one Credit Bureau cannot verify information on your credit report, this is not a basis for removal of information from the other Credit Reporting Agencies.

It's important to remember that you must correct the credit reports from all The major Credit Reporting Agencies because you never really know which bureau or combination of Credit Reporting Agencies a subscriber/creditor/finance company may use. 

Remember to always look at the three reports and see what can be fixed.  The same letter can not go to all three.  They might report things differently and the letter should reflect that.  With a little effort you can fix mnay of the problems.  Take a stab at it.  It is worth it.

  

Dave Cheatham - Summit Home Lending., Inc. 847-846-3932

http://www.freemortgagereportsforyou.com/

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