Errors on credit reports can occur.If there is an error on your report,
A)it is your responsibility to review it once a year for accuracy and inform of any errors.
B)it can result in the credit agency being charged under the Fair Credit Reporting Act.
C)the creditor reporting to the agency must correct it at your request.
D)you must inform the Better Business Bureau to take your case to the authorities.

Question

Quizplus · Accepted Answer

It is the responsibility of the individual to review their credit report annually and report any errors to the credit reporting agencies. This is outlined by law under the Fair Credit Reporting Act. The creditor reporting the information must investigate and correct any errors if they are found to be inaccurate. There is no need to involve the Better Business Bureau or authorities unless the creditor or agency fails to correct the error after being informed.

Errors on Credit Reports Can Occur