In this week’s episode of Debt Free in 30, credit expert Richard Moxley returns to tackle the burning question: Why are credit reports always wrong? From the importance of credit ratings to practical tips on finding and fixing errors, we cover it all. Discover how to navigate post-insolvency challenges, handle account changes, and conquer stubborn collection accounts. Don't miss this deep dive into credit report complexities with actionable solutions!  

Timestamps:

00:00 Introduction 

01:21 Why is my credit rating important? 

04:19 Do I care what’s on my credit report if I don’t plan to borrow? 

07:54 Should you check your credit report for errors? 

09:40 Is current employment updated on your credit report? 

11:00 How do you I find errors on my credit report and what errors do I look for? 

14:11 I filed a consumer proposal why is a creditor reporting I am behind on my payments? 

17:25 What happens if you sue the credit bureaus. 

20:36 Can you go to individual creditors to fix errors on late payments? 

23:21 Are there any strategies you can use to fix errors on your credit report? 

28:00 How much will it cost to have a credit expert fix the errors on my credit report? 

29:08 Are free credit score apps worth it? 

33:14 Disputes and account numbers 

37:24 Concluding comments 

 

Related Links: 

Have a question or comment for a future show?  Leave us a voice message here: https://www.hoyes.com/dfi30comments  

Richard Moxley’s Website: https://creditgame.net/ 

The Credit Game: Rules Every Canadian Must Know to Win: https://www.amazon.ca/Credit-Game-Rules-Every-Canadian-ebook/dp/B07XKG1VHP

TransUnion Credit Report Explained: https://www.youtube.com/watch?v=BWFO_C336BM

How to get and print your FREE Equifax report: https://www.youtube.com/watch?v=Z03_DvfFY38

How to get and print your Free credit report from TransUnion: https://www.youtube.com/watch?v=K6a_R8gZFnw

How to Dispute Errors on Your Credit Report: https://www.youtube.com/watch?v=zuuGtBR40QY

How to Rebuild Your Credit Score Fast!: https://www.youtube.com/watch?v=Y6OJoQPia28

How to Read a Credit Bureau: Equifax Canada: https://www.youtube.com/watch?v=PEVHQOAFw64

Debt Free in 30 Episode #284 - Rules to Master Your Credit with Richard Moxley https://www.youtube.com/watch?v=jP6etPo_CQc February 8, 2020 (from Toronto) 

Debt Free in 30 Episode #329 - Fix Bad Credit Yourself - Tips & Tricks From an Expert https://www.youtube.com/watch?v=BtncJCxN4So December 19, 2020 (by Zoom) 

7 Facts About Your Credit Rating (What’s in your Credit Score?)  

https://www.hoyes.com/blog/7-facts-credit-rating/ 

Free Credit Score Comes With a Catch:

https://www.hoyes.com/blog/free-credit-score-comes-with-a-catch/ 

The Big Credit Score Scam:

https://www.hoyes.com/blog/the-big-credit-score-scam/ 

What Are The Common Factors That Affect A Credit Score?:

https://www.hoyes.com/blog/what-are-the-common-factors-that-affect-a-credit-score/