It even had a view regarding the river. Nevertheless when he went along to make an application for a home loan, he had been declined. The mortgage officer told him about a charge card account with numerous belated repayments, and a stability therefore high it hurt their debt-to-income ratio. Whenever Carlos investigated, he discovered proof of credit cards he previously never ever sent applications for! But here it had been, harming their credit and their future!
False info is disappointingly typical on credit file. Sometimes the credit bureaus create a mistake and just put somebody else’s informative data on your bank account. In other cases, identity theft has generated fraudulent financial obligation in your title. Continue reading