Avoiding inaccurate credit scores - WVVA TV Bluefield Beckley WV News, Weather and Sports

Avoiding inaccurate credit scores

Posted:
  • More Local NewsMore Local NewsMore>>

  • Severe Weather Threatens the Two Virginias

    Severe Weather Threatens the Two Virginias

    (WVVA)- A low pressure system will be passing us to our north on Sunday, bringing with it the potential for dangerous weather.This weather scenario is very complex, and it looks like we could be...More >>
    (WVVA)- A low pressure system will be passing us to our north on Sunday, bringing with it the potential for dangerous weather.This weather scenario is very complex, and it looks like we could be...More >>
  • Picnic with the Saints sold out

    Picnic with the Saints sold out

    White Sulphur Springs, W. Va. (WVVA) -A special picnic in White Sulphur Springs with the NFL team New Orleans Saints has sold out. The event is scheduled for tomorrow at the Greenbrier Resort. More >>
    White Sulphur Springs, W. Va. (WVVA) -A special picnic in White Sulphur Springs with the NFL team New Orleans Saints has sold out. The event is scheduled for tomorrow at the Greenbrier Resort. More >>

NBC News--If you haven't checked your credit score lately, you may want to.

A new study by the Federal Trade Commission indicates as many as 40 million Americans have errors.  Those errors can keep you from getting a loan, qualifying for lower interest rates, and even getting a job.

Tawanna Sellers is one of the roughly 20 percent of Americans with an inaccurate credit report.  "It was quite a few errors incorrect address incorrect claims against myself incorrect birthday"

The food service employee discovered the errors only after she was denied a loan to start a food truck company.  Four months later she's still fighting to fix her credit.  "Sometimes I think they want you to get frustrated so you stop but I can't"

Three companies dominate the credit reporting industry: Equifax , Transunion and Experian.  They determine your credit score based on how you've paid your bills, and how much debt you have.

 

In a statement, an Experian spokesman said the agency takes "all errors seriously."  Adding "The vast majority of disputes are resolved in 14 days or less."

 

Beth freeborn of the federal Trade Commission said, "Some rate of error is to be expected and what is important to focus on is when an error identified whether or not it is fixed."

The latest study by the Federal Trade Commission- found agencies modify disputed errors 90 percent of the time.  Mattias Kraemer helps people navigate that process.  "The process is not a one and done. You've got to insist, you've got to commit. Maybe you're going to have to write the letters again."

Kraemer advises people to take advantage of free yearly credit checks, and dispute any errors immediately.

Sellers adds, "Just to keep pursuing it."  Tawanna is taking that advice and she's says she is seeing progress.  Only two out of a handful of errors still remain on her report.

  • NEWSMore>>

  • UPDATE: All lanes of I-77 reopened at tunnel, day after fire

    UPDATE: All lanes of I-77 reopened at tunnel, day after fire

    UPDATE: Both northbound lanes of I-77 at the East River Mountain Tunnel are now open to traffic, a little more than 24 hours after a truck fire shut the entire tunnel down.
    More >>
    UPDATE: Both northbound lanes of I-77 at the East River Mountain Tunnel are now open to traffic, a little more than 24 hours after a truck fire shut the entire tunnel down.

    More >>
  • Couple stops robbery suspect in his tracks

    Couple stops robbery suspect in his tracks

    Beckley, W Va (WVVA) - A husband and wife are able to stop a robbery suspect in his tracks...More >>
    Beckley, W Va (WVVA) - A husband and wife are able to stop a robbery suspect in his tracks...More >>
  • Police search for robbery suspect

    Police search for robbery suspect

    Fairlea (WVVA) – Police are on the lookout for a man suspected of robbing a video lottery parlor.The robbery happened Sunday night at Abbies around 11:30 p.m. in Fairlea.Police say a man walked in the front door and told the employee he had a weapon. An unknown amount of cash was removed from the register and safe and the suspect left out of the back door.The suspect is described as a white man, about five-feet-six inches tall, with a medium build. He was wearing a green hooded jacket, khaki ...More >>
    Fairlea (WVVA) – Police are on the lookout for a man suspected of robbing a video lottery parlor.The robbery happened Sunday night at Abbies around 11:30 p.m. in Fairlea.Police say a man walked in the front door and told the employee he had a weapon. An unknown amount of cash was removed from the register and safe and the suspect left out of the back door.The suspect is described as a white man, about five-feet-six inches tall, with a medium build. He was wearing a green hooded jacket, khaki ...More >>
  • Burglary suspect enters plea

    Burglary suspect enters plea

    Raleigh County (WVVA) –A man charged with burglarizing a home pleads guilty in court. Jason Pittman faces up to 15 years in prison.More >>
    Raleigh County (WVVA) –A man charged with burglarizing a home pleads guilty in court. Jason Pittman faces up to 15 years in prison.More >>
  • Water company to give educational plant tours

    Water company to give educational plant tours

    CHARLESTON, W.Va. (AP) -- A water company whose Charleston treatment plant was contaminated by a coal-cleaning agent in January is holding a public tour next week.West Virginia American Water Co. will conduct the free "WaterFest" event Aug. 9.Spokeswoman Laura Jordan tells the Charleston Daily Mail it's the first time the company will hold such an event in Charleston.It will include plant tours, educational demonstrations and recreational activities for children. The event is designed to info...More >>
    CHARLESTON, W.Va. (AP) -- A water company whose Charleston treatment plant was contaminated by a coal-cleaning agent in January is holding a public tour next week.West Virginia American Water Co. will conduct the free "WaterFest" event Aug. 9.Spokeswoman Laura Jordan tells the Charleston Daily Mail it's the first time the company will hold such an event in Charleston.It will include plant tours, educational demonstrations and recreational activities for children. The event is designed to info...More >>
  • Former Va. governor's corruption trial begins

    Former Va. governor's corruption trial begins

    Jury selection is on the agenda for opening day in the corruption trial of a former Virginia governor and his wife in Richmond.More >>
    Jury selection is on the agenda for opening day in the corruption trial of a former Virginia governor and his wife in Richmond.More >>
  • First responders tell us what it was like inside tunnel fire

    First responders tell us what it was like inside tunnel fire

    (WVVA) -Two firefighters, injured battling a vehicle fire inside the East River Mountain Tunnel, have been released from the hospital. According the Chief Dave Thompson with the Green Valley-Glenwood VFD, the two men were released last night after being treated for smoke inhalation at BRMC...More >>
    (WVVA) -Two firefighters, injured battling a vehicle fire inside the East River Mountain Tunnel, have been released from the hospital. According the Chief Dave Thompson with the Green Valley-Glenwood VFD, the two men were released last night after being treated for smoke inhalation at BRMC...More >>
  • Two charged with taking emergency vehicle during tunnel fire

    Two charged with taking emergency vehicle during tunnel fire

     BLUEFIELD (WVVA)- A pair of  Maryland residents are charged with hindering government process after they allegedly stole an emergency services vehicle on Friday, during the fire at East River Mountain Tunnel...More >>
     BLUEFIELD (WVVA)- A pair of  Maryland residents are charged with hindering government process after they allegedly stole an emergency services vehicle on Friday, during the fire at East River Mountain Tunnel...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WVVA.
All Rights Reserved. For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Audrey Sluss at (304) 324-0659. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.