Each year, millions of consumers find themselves dealing with credit report errors that are more common than one would think. Such errors can be as small as some statistics or as big as some mistakes that can badly damage a citizen's credit score and prevent them from securing loans, mortgages, or even jobs. According to a 2021 study from the Federal Trade Commission, 1 in 5 consumers found a mistake on at least one of their three major credit reports1.

Types of credit report errors you are likely to find

There are different ways that credit report errors show up.