Understanding and Repairing a Bad Credit Report
By Chane Steiner

Chane Steiner

Level: Basic PLUS

Chane Steiner is the president and founder of AAACreditGuide.com, the credit repair authority site. His site has helped many people repair their credit and get ... ...

Have you recently been declined a credit card or were required to provide a $500 security deposit for a cell phone? You were probably left wondering how your credit rating reported you as a risk. It's at this point you have hopefully made the choice to discover not only what your credit scores are, but to also determine what it is in your reports that have your scores so low.

It's only after you've received your credit report you discover erroneous, inaccurate or unfamiliar accounts. In fact, a study by the U.S. Public Interest Research Group found that 79% of all credit reports contained errors. These errors could be why you are not being approved for that credit card or that new car loan.