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Concerns with Your Credit History and Credit Discrepancies

Do not allow irregularities to divert you from your path to sound credit. Watch for incidents that could derail your rating or indicate that an identity thief has access to your information. Look at the most common and what you can do about it:

Information Unknown-Credit discrepancies such as the appearance of an account or unauthorized changes of address may indicate that a thief is using your identity. If you find a credit discrepancy with an account that you do not remember opening, alert the lender. If it proves to be an identity theft, close the account and see the Identity Theft section for the steps to follow.
Top Credit Cards- High credit card balances could indicate problems with your credit profile and substantially reduce your credit rating or score. Keeping balances below 35% of your credit limits can greatly reduce the interest you are charged.
Payment Delay-If you can not afford to pay on time, ask the lender to change the payment term to a different date in the month or sign up for electronic payment with a reminder before the deadline date.
Identity error - With more than 9 million inhabitants in the Dominican Republic, problems related to identity errors are inevitable. It is much more frequent to find the credit data of another person in Your Credit History with common or shared surnames such as "José Pérez, hijo." If you find something that does not belong in Your Credit History, communicate that problem to TuCréditoSM so that your information is corrected.

The above advice and recommendations are simple suggestions, which may or may not be useful to you; each consumer must carefully evaluate their personal financial situation before making decisions that could affect their financial and / or credit situation. Before making a major credit or financial decision we recommend you seek professional advice. TransUnion is not responsible for the consequences that could result for each user to follow the recommendations noted above.