This removal of what, by then, is likely to be one of the oldest accounts on your
credit report could
lower your
score by diminishing those account age - related factors that, while not having quite the effect of higher utilization, can
lower your
score by enough points to make a
difference in your ability to obtain new
credit.
For example, a study by the Consumer Federation of America and National
Credit Reporting Association documented numerous serious errors and inconsistencies, such as the fact that 29 % of credit files had a difference of 50 points or more between the highest and lowest credit scores from the three nationwide credit bureaus (i.e., Equifax, Experian and TransUnion).37 Members of Congress cited studies from U.S PIRG showing errors in 70 % of credit reports, of which 25 % were serious enough to cause a denial of cre
Credit Reporting Association documented numerous serious errors and inconsistencies, such as the fact that 29 % of
credit files had a difference of 50 points or more between the highest and lowest credit scores from the three nationwide credit bureaus (i.e., Equifax, Experian and TransUnion).37 Members of Congress cited studies from U.S PIRG showing errors in 70 % of credit reports, of which 25 % were serious enough to cause a denial of cre
credit files had a
difference of 50 points or more between the highest and
lowest credit scores from the three nationwide credit bureaus (i.e., Equifax, Experian and TransUnion).37 Members of Congress cited studies from U.S PIRG showing errors in 70 % of credit reports, of which 25 % were serious enough to cause a denial of cre
credit scores from the three nationwide
credit bureaus (i.e., Equifax, Experian and TransUnion).37 Members of Congress cited studies from U.S PIRG showing errors in 70 % of credit reports, of which 25 % were serious enough to cause a denial of cre
credit bureaus (i.e., Equifax, Experian and TransUnion).37 Members of Congress cited studies from U.S PIRG showing errors
in 70 % of
credit reports, of which 25 % were serious enough to cause a denial of cre
credit reports, of which 25 % were serious enough to cause a denial of
creditcredit.38