The information on the credit report is as current as the information reported by lenders, creditors, public records, collection agencies, and other lending institution to the credit bureau. By providing us a copy of the receipt or other written documentation Lightning Mortgage often will help correct the credit information. However, you, the consumer, must also send the corrected information to all national repositories, so they can update their credit files database.
 

One frequent reason is that the credit information database of the credit bureau is cross-filed with similar names or common names which resulted of the account belong to others mixed with your report. We can request that our credit reporting agency verify and remove the wrong information to provide an accurate RMCR. However, you, the consumer, must also send the corrected information to all national repositories, so they can update their credit files database.

• Explore other Credit Score Topics
• Learn about Loan Types
• Determine if you want to be pre-qualified or pre-approved
• Learn about the Tax Advantages of Home Ownership
• Submit A Loan Application