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An individual has every
right to dispute against any wrong reporting in his/her
credit report. The FTC (Federal Trade Commission)
facilitates the people to stop unfair reporting,
fraudulent entries, deceptive practices, etc., that go
into deteriorating an individual's credit stand. The FTC
cannot represent the individuals but it can facilitate
their rights. You have the right to check your credit
report periodically and eliminate errors. False
reporting on your credit can have drastic repercussions.
It would inturn affect your next credit requirement,
less credit score, etc. Therefore, it is necessary to
check your credit reports regularly to avoid false
reporting and in case if your credit report is not
up-to-the-mark, try and improve your credit-worthiness. |
