The Consumer Financial Protection Bureau wants to hear your credit report complaints. The bureau, which was created by Congress to protect consumers, announced earlier this week that it is now accepting these types of complaints, along with complaints about credit cards, mortgages, bank accounts, private student loans, and vehicle or other consumer loans.
DOWNLOAD: The Kip Tips iPad App
Credit reports are generated by credit bureaus, such as Equifax, Experian and TransUnion, and the information in these reports can affect your ability to get a loan, credit card or even a job. That's why it's important to address any errors in your report.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
The bureau can help consumers with the following types of credit report issues:
- Incorrect information on a credit report
- A consumer reporting agency's investigation
- Improper use of a credit report
- Inability to get a copy of a credit score or file
- Problems with credit monitoring or identity protection services
Consumers can file complaints online at www.consumerfinance.gov/Complaint/. However, the CFPB recommends that consumers with credit report complaints should address the issue with the credit reporting agency first (see How to Fix an Error on Your Credit Report). If you're unhappy with the resolution, you can file a complaint with the CFPB and it will assist you in resolving the complaint.
-
I'm want to give my 3 grandkids $5K each for Christmas.You're comfortably retired and want to give your grandkids a big Christmas check, but their parents are worried they might spend it all. We ask the pros for help.
-
If You're Not Doing Roth Conversions, You Need to Read ThisRoth conversions and other Roth strategies can be complex, but don't dismiss these tax planning tools outright. They could really work for you and your heirs.
-
Could Traditional Retirement Expectations Be Killing Us?A retirement psychologist makes the case: A fulfilling retirement begins with a blueprint for living, rather than simply the accumulation of a large nest egg.
-
Five Ways to Save on Vacation Rental PropertiesTravel Use these strategies to pay less for an apartment, condo or house when you travel.
-
How to Avoid Annoying Hotel Fees: Per Person, Parking and MoreTravel Here's how to avoid extra charges and make sure you don't get stuck paying for amenities that you don't use.
-
How to Appeal an Unexpected Medical Billhealth insurance You may receive a bill because your insurance company denied a claim—but that doesn’t mean you have to pay it.
-
Amazon Prime Fees Are Rising. Here’s How to Cancel Your Amazon Prime MembershipFeature Amazon Prime will soon cost $139 a year, $180 for those who pay monthly. If you’re a subscriber, maybe it’s time to rethink your relationship. Here’s a step-by-step guide to canceling Prime.
-
How to Haggle for Almost AnythingSmart Buying Learning how to haggle is an invaluable skill. These strategies will help you negotiate a better price for just about any product or service.
-
Disability Insurance Can Provide COVID CoverageCoronavirus and Your Money If you are concerned about long-term complications from COVID-19, consider disability insurance coverage.
-
21 Things You Can't Return to Amazon — Either Online or In-StoreDid you know there are things you can't return to Amazon? Before adding these 21 items to your cart, be sure to read Amazon's return policy first.
-
How to Avoid a Charity Scampersonal finance Scammers never quit, even when you're trying to be altruistic. But you can avoid getting duped if you do your homework.
