How Credit Report Mistakes are Made

Mistakes on your credit report can cause plummet you into the sub-prime, bad credit car loans category faster than a Concorde Super Sonic Jetliner. When a credit reporting agency reports errors however, it's often because their data is incomplete or even contains information about somebody else.

Bad credit auto loans from reporting mistake typically happen because:
  • The person applied for credit under similar but different names (David Smith, Dave Smith, etc.).
  • Somebody perhaps made a data-entry error when reading and entering information from a paper and pencil application.
  • The borrower gave an inaccurate Social Security number, or perhaps the wrong number was entered by the lender.
  • Auto loan or credit installment payments were inadvertently applied to the wrong account.
It's important that you do a thourogh review of your credit report periodically to be sure that they aren't affecting you. Don't settle for a bad credit auto loan that you don't deserve!

Related Posts:
Determine Your FICO Before Applying for an Auto Loan 

Recommended Reading:
37 Days to Clean Credit is a "well-written and very effective course - one of the most popular self-help guides in the credit repair genre these days!"
       - Bad Credit Auto Loans Blog


  1. you absolutely should make sure that you are checking your credit periodically... you end up with crap on your credit report all the time that you didn't actually do! I hate that!

  2. I greatly enjoyed looking through your blog and found some informative posts on finance.I have also some finance related sites having good PR with relevant content to your posts.I think it would be 100% beneficial for both of us if we will be link partner to each other.If you are interested then I can also provide you new related article to be posted in your blog.Feel free to contact me at davidsimonds007(at)

  3. Hmm that is good point you mention here that data entry can go wrong sometimes. Watching what is happening is very important therefore. Especially when it comes to credit score and report.

  4. Hi,
    I am a webmaster maintaining some finance related sites & blogs with good pr & good traffic. I have just seen ur sites, it is really very informative & related to my topic also. If u don’t mind I want u as my link partner.
    I think this is the only way to get high traffic & pr soon, in other side this is very safe way in front of the search engine. I do interested abt healthy content or banner link exchange with my top quality finance sites & blogs. If it is needed I will go for article or useful finance widget link exchange.
    If u agree with my proposal plz feel free to reply me with ur good finance sites & blogs urls. I will also do the same with a revert mail.

    If u have any further questions, then I am available in gtalk also with this below mail id..

    I am waiting for ur quick positive reply.
    Have a nice day,


Related Posts with Thumbnails