|
|
One thing many consumers don't realize is that credit reports are only created when they are requested. That means that out of all those billions of bytes of information in the credit reporting agencies' databases, they have to find which ones belong to you, assemble the report, and serve it up for the company that requested it, and do so very quickly..
When you request your own report, the CRA has a lot of information to go on. After all, when you order your report you supply your name, current address, Social Security number, etc. When a creditor requests your report, however, they may not have all of that information, or they may have made a mistake in entering your information. So there is some leeway in the matching process that may result in information being incorrectly included in (or ommited from) your report.
Generally, a change of address is not a major issue, because people are mobile these days. However, I would be concerned if there were addresses listed at which you have never lived because that could be a warning that either your credit information is getting mixed up with someone else who has a similar name, or it could be an indicator of identity theft.
You are taking the right action by disputing the incorrect addresses. Let us know what happens!
Gerri Detweiler
Credit expert and author
Co-founder, TheXBanker.com
|