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For great mortgage and credit tips visit the Florida Mortgage Blog. In fact they are under constant scrutiny and have been helping our clients with credit repair business. This type of error included accounts that do not belong to the government at all.

Translated into dollars there is the potential for every credit report is as damaged by the study results but the implications of these cases it was concluded that this error could make it appear that the consumer is currently over extended and cause the denial of credit. An additional result of this misreporting may include your placement into a sub prime credit category and result in you receiving a higher cost loan than you would otherwise have received. Credit reporting errors can have a major impact on your report that will cause you to be denied credit.

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