In our earlier blog you must have understood what identity theft is, hence here we are giving some warning signs of identity theft which should not be ignored from the early stage itself. Unfamiliar activity on your credit report – Your credit report will list new credit cards as having been issued in your name that you […]

Remember that only those errors should be disputed which have a valid reason behind them. If you want negative but accurate information removed from your credit report, you will need to negotiate with your creditors for the same. Minor errors like a misspelled former employer or an outdated phone number — don’t affect anyone’s assessment […]

Some are major errors which affect your credit score. When you come across these kinds of errors, it is better to raise a dispute for it as early as possible. The most concerning errors are those that could hurt your scores or the ones that suggest identity theft. Those include: Wrong account status (such as […]

Member banks, credit card companies and other financial institutions send financial data of registered individuals as well as commercial institutions to the Credit Bureau on a periodical basis. This Credit Bureau uses the financial information to create a credit report. This credit report contains a person’s personal information, payment history, number of accounts, default (if […]

The Credit Bureau collects data such as a database of bounced cheque, payment default and repayment habits etc from both financial institutions such as banks and credit card companies and a variety of NBFCs (Non–Banking Financial Company). Based on that, they categorize information in Negative Data and Positive Data. In study, researchers have found that […]