How can you fix mistakes on your credit report?

Once you have spotted mistakes on your credit report and challenged them through your credit reference agency, they have 28 days to give you a report as to its existence. During this time the mistake will be flagged as ‘disputed’ and the lenders are not required to rely on this when assessing your credit rating.

There is also the option of contacting the lender who you think is responsible for the tainted credit score to square it off with them and have the matter addressed. Credit reference agencies receive their information from the lenders and therefore, the lender is the best person to resolve the matter with.

Find out more on how to rectify mistakes on your credit report from the Information commissioner’s office.

Remember, the simplest and easiest way to improve your credit score is to pay or repay your loans on time. This is a sure way of proving that you are a reliable borrower which is what is most important to the lenders.