As a reminder, the CFPB is now taking complaints on credit reporting agencies! (Complaint form) A September report by the CFPB found that about 20% of the time, consumers and lenders are seeing different credit scores: “The study compared credit scores sold to creditors and those sold to consumers. The study found that about one in five consumers would likely receive a different score than the score provided to a lender.” (Link to CFPB release)
We always recommend that you take advantage of your right to check your three credit reports once a year just because you never know what you might find. Like the California man who learned from Equifax that he’s been dead for a few years and also that he had a widow living 20 miles away.
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