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More Consumers Complain About Errors on Their Credit Reports


More Consumers Complain About Errors on Their Credit Reports
Complaints doubled last year, federal data shows. Some problems may be related to pauses in mortgage and student loan payments in the pandemic.
Credit.Till Lauer
Feb. 19, 2021
Add this to the financial fallout from the pandemic: More consumers are complaining about errors on their credit reports, and many are frustrated when trying to fix the mistakes, according to federal complaint data.
In 2020, consumers filed more than 280,000 complaints about credit reporting issues more than half of all complaints received last year by the Consumer Financial Protection Bureau, said Syed Ejaz, a policy analyst for Consumer Reports. ....

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