Green Bay auto loan resource informs drivers of common credit report errors Broadway Auto Credit strives to help drivers correct erroneous credit information
GREEN BAY, Wis., Feb. 28, 2014 /PRNewswire-iReach/ -- Credit heavily impacts a person's ability to obtain items such as loans, leases and, in some instances, jobs. This is why it has become increasingly more important for a person's credit report to be accurate and up to date. Because credit reports are often updated by humans, it is common for mistakes to be present. While these mistakes may be minor, their impact could be detrimental if left unresolved. Broadway Auto Credit works to help drivers throughout the Green Bay, Wis. area obtain auto loans for new and used cars. In order to do this, the dealership encourages drivers to recognize and correct any erroneous information on their credit reports.
The most common errors found on credit reports may seem simple, but their influence on a person's credit standing can be harmful. One of the main errors is finding information on the report that doesn't belong to the credit user. These mistakes can include misspellings of names or incorrect Social Security numbers. Another common misstep is the presence of outdated information like a former address, name change or previous job.
If a person has suffered from identity theft, the information regarding those instances may also still be present on the report. It is important for those details to be corrected immediately so as to improve the person's financial standing. Along a similar vein, if a person has resolved past delinquencies, but it hasn't been noted in the credit report, he or she must promptly contact the credit bureau. The final most common credit report error is an incorrect payment status. If the report notes that a bill was paid late or a loan was defaulted when it wasn't, the credit user must notify the bureau as soon as possible.
For more information on how to fix or avoid credit report errors, drivers can contact Broadway Auto Credit online or by calling the auto loan resource at 855-395-2127.
Media Contact: Mercedes Mannino, Broadway Auto Credit, (855) 395-2129, email@example.com
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SOURCE Broadway Auto Credit