One disturbing fact is that about 20% or 1/5 of people have or had mistakes on one or more credit reports. The impact of these mistakes on credit reports is almost always negative = your credit scores have been lowered incorrectly. The result could hinder your ability to use credit as well as make you pay more than you should when using your credit.

The quickest way to get started is to request your credit reports from all 3 credit bureaus: Equifax, Experian, and TransUnion. Review each line item to be sure they are 100% correct. It is common to have an error on one report, but not others, so do not assume if one report is accurate that the others are also correct.

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Author's Bio: 

Robin Williams is the General Manager at CashOne, a reputable financial services company that helps consumers tide over their short-term financial crises. Our fast, convenient, and secure online loan application eliminates the unnecessary hassles or time required to procure payday loans online.