NEW YORK (CBSNewYork) — Consumers should be on the lookout for costly mistakes on their credit report.2 New FEMA Disaster Recovery Centers In New Jersey
If they aren’t fixed, those errors could have a big impact on your credit score.READ MORE: SpaceX Launches All-Civilian Crew On Inspiration4 Mission
“We all know that credit reports are used to determine the interest rate that a person can get on a loan. Credit reports are also referenced in quite a few employment decisions. They can keep people from getting a job,” Syed Ejaz, with Consumer Reports, said.
Twenty-nine percent of those surveyed found errors with their personal information, such as a wrong name or address.MORE NEWS: Hundreds Of Evacuees From Afghanistan Headed To New York, Connecticut
Complaints to the Consumer Financial Protection Bureau about credit report errors have more than doubled since 2019.