Has your brother’s or sister’s information appeared on your credit report? Unfortunately, this credit report mistake, called a mixed file error, affects many Americans each year. What’s worse, correcting this mistake on your own can be a huge headache. Read on to learn why this strange error occurs, and how you can fix it.
Why Is My Sibling’s Information on My Credit Report?
Any credit report error can be a hassle to deal with, especially when it involves sibling information. The credit bureaus use a specific matching system to put together their credit files, and they only need to match seven out of the nine digits in your Social Security number. This can often result in anyone with seven matching digits, similar names, and similar addresses being incorrectly matched. For brothers and sisters, this is particularly common since they are likely to have similar social security numbers, last names, and addresses.
The big three credit bureaus—Equifax, Experian, and TransUnion—aren’t perfect. Unfortunately, the consumer often ends up paying for their mistakes. Incorrect information on your credit report—even information belonging to your loved ones—can lower your credit score; make it harder for you to secure a loan or mortgage; and have other long-lasting implications for your finances. It’s important to fix these errors right away.
How Can I Remove a Sibling’s Information From My Credit Report?
If you’ve found your sibling’s information on your credit report, it’s a frustrating and stressful situation. Unfortunately, fixing this issue on your own is nearly impossible. The problem lies with the computer system used by the credit reporting agencies, and it requires the suppression of your sibling’s information at the source.
You can’t fix this error with a simple phone call or a few dispute letters. You’ll need the help of expert credit dispute attorneys, like the team at Boss Law, to efficiently and effectively deal with the credit bureaus. By seeking out professional help, you can work towards a resolution and ensure that your credit report accurately reflects your financial standing.
Can I Sue the Credit Reporting Agencies?
Under the Fair Credit Reporting Act (FCRA), you’re entitled to dispute errors with the credit reporting agencies, and the agencies are required to verify the information and remove the errors. If any of these agencies fail to remove the error and it results in financial harm, individuals may be able to sue them. Although the process may be daunting, taking legal action is a viable option for those seeking to correct their credit reports and prevent future losses.
Fix Credit Report Errors the Easy Way—With the Help of Boss Law
If your credit was merged with a sibling or another family member—or if you notice any other errors on your credit report—it’s critical to fix them immediately. With the help of the expert dispute attorneys at Boss Law, you don’t have to go it alone. We’ll expedite the process of fixing errors on your credit report, and pursue compensation for the damages you’ve incurred, whenever applicable. Call us today at (727) 877-3188 for your free consultation.