Credit Report Update

Credit Report Update

Question: How often do creditors make an update in our credit? What is the credit report update protocol?

Answer:
Thank you for visiting Bills.com. Here is an answer to your Credit question.

Most credit bureaus update their files every 90 days, or approximately quarterly. This does not necessarily mean that what you are seeking will show up in the next reporting cycle, as there are frequent delays in reporting.

According to the Fair Credit Reporting Act, all trade lines can be reported on each of the credit bureaus. However, the reporting agencies must update and keep accurate data in their credit files. If there is erroneous information, you must notify them (typically through a certified letter) and then wait one reporting cycle (90 days) for the errors to be removed.

There are three major credit bureaus that offer credit reports, if there is something that you want added or removed, you should contact them directly:

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