To verify the accuracy of your credit report
In 2013, the Federal Trade Commission published a report which stated that approximately 20% of consumers had inaccuracies and errors on their credit reports. The most common errors include phantom accounts (someone else’s accounts mentioned in your report), duplicate accounts (listing the same account twice), outdated info (closed accounts still showing on the report), missing accounts (not listing your existing accounts), and more. These types of mistakes could affect your credit score if left unchecked.
