Steps to correct errors in credit reports

To fix errors in a credit report, individuals should check their reports annually. They need to identify inaccuracies and submit a dispute to the credit bureau. Each bureau has specific procedures for resolving disputes. First, obtain a free credit report from major bureaus like CIBIL and Experian. Next, identify common errors such as incorrect personal details or payment history. Then, raise a dispute through the bureau's website and contact the bank if the error is theirs. Finally, follow up to confirm that the corrections have been made, which may take 30 to 45 days.