You might not realise it, but banks can make errors on credit reports. 1 in 4 people find mistakes in the information in their credit report*.
And even the smallest mistakes could be holding you back from getting credit.
To avoid nasty surprises, check your credit report at least once a month and make sure the information is accurate.
To avoid nasty surprises, check your credit report at least once a month and make sure the information is accurate.
Common mistakes to look for:
- Misspelt names
- Wrong address and address history
- Open accounts that should be closed
- The same account listed twice
- Mixed files (where information from someone with the same or similar name mixes with yours).
* 1 in 4 TotallyMoney customers find an error in their credit report – TransUnion 2019.