Credit reporting is an imperfect system and there are times when you’re credit is tainted and it’s not your fault. Equifax, Experian, and Transunion don’t always report the same information. For example you may have a 30 day late on a credit card reported on Equifax, but the same card shows no lates on Experian and Transunion. Unfortunatley, the rate you receive is contingent on your credit score. It may not be fair but that’s how the system operates. One of the credit reporting agencies I use, Advantage Credit, has the ability to fix mistakes on your credit in a matter of days. It’s called rapid rescoring and it can make a world of difference in getting a decent rate. Recently they were profiled in Newsweek.

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