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A recent Federal Trade Commission study showed that approximately 26 percent of consumers have credit report mistakes that could lead to higher loan and insurance payments. More than a quarter of participants in the study found at least one error on their credit reports, and five percent had errors serious enough to affect loan terms.
"Credit reports play a crucial role in determining consumers' financial discipline and responsibility," said Howard Dvorkin, CPA and Chairman of Debt.com. "Detecting credit report errors allows consumers to correct inaccurate information that could potentially lead to denied loans and high interest rates."
Dvorkin advises that consumers review their credit report and take steps to correct any issues. He recommends:
Correcting errors on credit...
Halloween is a night filled with candy, costumes, a bit of fear and a lot of fun, but it can also be a dangerous night if you don't take the proper safety precautions. With ghosts, goblins, vampires and zombies roaming the streets, it's important that parents and children review safety protocols before trick-or-treating.
"Halloween is a magical evening where kids get to transform into anything they want to be," said Allstate's Executive Vice President of Product Operations Steve Sorenson. "But it's most important for them to be safe. By following a few basic safety tips, everyone can do their part to make the holiday a memorable occasion for all the right reasons."
Parents should take the following steps to ensure safety.
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