Your credit score may have gone up, but don’t rest easy

Source: David Lazarus, L.A.Times (Paid Registration)

Your credit score may have just gone up. That’s because the big credit agencies have cleaned house a bit, removing outdated info that may have been weighing on your creditworthiness.

The bad news: You can’t rest easy. There’s still a better than fair chance you’ve got obsolete or mistaken data in your credit file, and fixing it can be like running an obstacle course.

“It shows that their business is not about helping consumers,” said Linda Sherry, director of national priorities for the advocacy group Consumer Action. “It’s about selling products to consumers and selling people’s information to others.”

Read Full Article: Your credit score may have gone up, but don’t rest easy

 

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