Who Is Responsible For Fixing An Error In A Credit Score? The dispute process is completely free. Under the provisions of the Fair Credit Reporting Act, the credit bureau must investigate the error and update you with the results of its investigation within 30 days (as long as they don’t see the request as frivolous).
What Is The Pros And Cons Of Credit Cards? Interest charges. Perhaps the most obvious drawback of using a credit card is paying interest. … Temptation to overspend. Credit cards make it easy to spend money — maybe too easy for some people. … Late fees. … Potential for credit damage. What are advantages of
What Is One Major Problem With Using Credit Cards? Using credit cards and not paying them off monthly can be detrimental to your credit. The major downsides of using credit when you don’t have the cash to pay it off later—besides the high-cost interest—includes hurting your credit, straining relationships with family and friends, and ultimately