You want your credit report to be accurate because it affects whether you can borrow money — and how much you’ll pay — to borrow money. It also may affect getting a job or insurance, or renting a place to live.
Is Your Credit Report Accurate?
The information in your credit report can affect your buying power and your chance to get a job, rent or buy a place to live, and buy insurance. Credit bureaus sell the information in your report to businesses that use it to decide whether to loan you money, give you credit, offer you insurance, or rent you a home. Some employers use credit reports in hiring decisions. The strength of your credit history also affects how much you will have to pay to borrow money. You’ll want to be sure the…