Sad but true: Your credit score depends on accurate data entry
You know what they say about computers: “Garbage in, garbage out.” And all too often with data entry, garbage goes in.If you do any typing yourself, you know how easy it is to make a mistake. Even when the document you’re writing means a great deal to you, you sometimes find that you’ve sent it out with a glaring error.Well, the people who enter information that goes into your financial records also make errors. Only their errors will do more than embarrass you – they can ruin your credit score. One wrong number in a social security number, one wrong letter in a name, and something could land on your credit report that has nothing to do with you.In addition, sometimes bookkeeping tasks that affect your credit are overlooked. For instance, there are certain kinds of information that should be removed after 7 years, but it doesn’t always happen. Sometimes [...]
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Posted: October 18th, 2008 under Identity Theft.
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