How Serious Can Credit Reporting Errors Actually Be?
How serious can credit reporting errors actually be? Attorney Michael Ziegler explains that credit reporting errors can be really significant. Errors related to identity theft or identity mix-ups can be very pervasive and take up large portions of someone’s credit report. It can be fairly complicated to cure those types of errors because they can apply to multiple accounts. Because of this, you have to have more detailed activities to correct the error.
Identity theft and total mix-ups can result in multiple accounts ending up on a report erroneously. Those types of severe errors essentially compromise the totality of an account and have significant impacts on credit reports. In contrast, simple errors are limited or isolated in nature. For example, a report may show a missed payment when in fact the payment was made, or there may be one detail that is illegitimate while the rest of the account is legitimate.
Contact attorney Michael Ziegler in Florida for a free case evaluation today. He founded his law firm on the principles of professional quality and personal care.
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