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Secrets of CRAs


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does this mean different CRAs potentially hold conflicting information on us?

 

if so, does that mean we need to get our reports from all the major providers, to compare and contrast?

 

for example, I recently signed up to noddle as it was free.

 

the others charge a fee. is it worth paying for experian and equifax?

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I found out comparing reports from three different cras that none of their data is complete! Different cras showing different creditors and sometimes even different amounts! How is that even possible? And more importantly who to trust???

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The problem is that the companies supplying the data to CRAs are careless in a lot of cases.

 

 

Also some lenders/card providers/banks etc., do not report to all 3 main agencies, may be only one in some cases, it seems some companies may even use a different agency according to the type of financial product concerned.

 

 

Errors should be challenged with the creditor that placed the entry and a notice of " correction/dispute" placed on the credit file.

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