Credit is one of the most important factors when being considered for a mortgage loan or any other type of credit. Its
important to know what is on your credit report at all times, and to make sure that this information is accurate. The law
requires that all three credit reporting agencies provide consumers with a free credit report once a year. The three
credit bureaus have created http://www.annualcreditreport.com to simplify this process. By going to this website, you are
able to pull your credit reports from all three credit bureaus for free, and dispute any information that is not accurate.
By law, the credit bureaus have 30 days to verify any information that you dispute. If they verify the information as correct,
it will remain on your credit report. If they verify that the information was incorrect, or the information is not verified,
then your credit report will be changed accordingly. Based on this, requesting all negative information on your credit report to be verified,
can greatly improve your credit scores.