Up to one in every three people can have errors on their credit history report. It is worth checking yours to see if you are included. In the past you were required to pay a small fee for a printed copy of your credit report or a downloadable online option. It is now possible to obtain a copy of your report for free. Several websites now offer the service for no charge. You need to supply your name, address, date of birth, previous addresses and email address. The information you supply is kept safe and you will be sent a special code to your home address so you can confirm your details and then access the completed report.
The report you receive will show you the last 6 years of your recorded credit history. It will include every loan, credit card, hire purchase, and mortgage you have ever had. As well as your personal and credit data it will list all public record searches and creditors you have applied to and the history of your repayments. You can check each entry for accuracy and the report will tell you what to do about any mistakes that you find. It is advised that you approach the particular lender yourself with the mistake and ask that they rectify it
with the credit reference agencies. Your report can then be requested again and you can be assured that the errors have been corrected or amended.
Your credit report can be accessed by many different people and organisations, it is even viewed when you apply for a mobile phone on contract. It is your responsibility to keep a check on the details held about you if you want to maintain a good credit rating score.
A bad credit history can prevent you doing certain important things in life like purchasing a property. It is advisable that you keep your credit history in good order and do regular checks to make sure the record is error free. The fact that you are not listed on the electoral register can make a difference, or you may have a CCJ against your name for which you never received a court summons. Taking a good look at your credit history record can only be beneficial to you for any future financial planning. Make sure it is correct and if it is not then take steps toward putting it right.