Settled loans wrongly marked on credit reports can lower credit scores and affect borrowing, but with proper steps, borrowers can correct errors, restore creditworthiness, and improve financial opportunities.
2 min read21 Aug 2025To rectify errors in a credit report, users should check it annually, identify inaccuracies, submit a dispute to the credit bureau, notify the bank if necessary, and follow up to confirm corrections. Each bureau provides mechanisms for dispute resolution.
1 min read17 Mar 2025Some common errors in a credit report can include incorrect balance, a closed account is still open, an account is shown delinquent inspite of payment, duplicate entries, inaccurate personal information, incorrect credit enquiries, etc.
5 min read12 Mar 2025A Company Credit Report (CCR) details a company's creditworthiness through credit rank, payment history, and outstanding debts. Understanding these components is essential for businesses to maintain financial stability and build trust with lenders and partners.
2 min read20 Feb 2025A credit report is crucial for assessing creditworthiness, impacting loans and employment. Individuals must understand their reports and improve them while avoiding scams. Regular monitoring and using authorized channels help protect against fraud, ensuring financial safety and informed decisions.
5 min read7 Feb 2025Keeping your credit report free of inaccuracies is the key for getting a good credit score and securing a loan
4 min read22 Jan 2025Carefully review your credit report for errors such as inaccurate personal details, unauthorized accounts, incorrect account statuses, or fraudulent transactions.
1 min read13 Mar 2024Many borrowers do not know the difference between credit score and credit report. A credit score is a three-digit number reflecting your credibility in the market. A credit report underlines details of the same.
2 min read10 Sep 2023Carefully review your credit report for errors such as inaccurate personal details, unauthorized accounts, incorrect account statuses, or fraudulent transactions.
1 min read13 Mar 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared