FTC says many credit reports contain major errors

10:56 PM, Mar 17, 2013   |    comments
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MINNEAPOLIS - Senator Amy Klobuchar held a roundtable Sunday with people who say they've dealt with credit problems thanks to mistakes they found on their credit reports.

It's in response to a recent FTC report that found that more than 25 percent of people have major errors.

Even when an error is caught, it can be very difficult to get fixed.

One man said he couldn't refinance because of false information on his report.

Experts say consumers can protect themselves by checking their credit report.

For more information, visit www.consumerfinance.gov/Complaint or call the toll-free number at 1-855-411-2372.

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