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"Account information disputed by consumer meets FCRA requirements" simply means that an investigation into a dispute is complete, and the bureau believes the account has no errors. The remark will not affect your credit by itself.

Consumer reporting agencies may not report outdated negative information. In most cases, a consumer reporting agency may not report negative information that is more than seven years old, or bankruptcies that are more than 10 years old. Access to your file is limited.

You don't need to contact the credit bureaus to update the personal information on your credit reports. Instead, get in touch with your creditors and ask them to update your records with your new address, name or employer.

To correct mistakes in your report, contact the credit bureau and the business that reported the inaccurate information. Tell them you want to dispute that information on your report.

The only way to have an item removed from your credit report is to have the legal owner of the debt request it's removal, or to dispute the information with the credit bureaus (TransUnion or Equifax) directly. First, speak with whoever was the initial creditor, and ask them if they still own the debt.

Section 611(c) of the FCRA provides: "Whenever a statement of dispute is filed, . . . the consumer reporting agency shall, in any subsequent consumer report containing the information in question, clearly note that it is disputed by the consumer and provide either the consumer's statement or a clear and accurate ...

Check for identity errors Errors made to your identity information (wrong name, phone number, address) Accounts belonging to another person with the same or a similar name as yours (mixing two consumers' information in a single file is called a mixed file) Incorrect accounts resulting from identity theft.

Duty to Promptly Correct and Update Information. Section 623(a) of the FCRA also requires a person who regularly furnishes information to CRAs to promptly notify a CRA if the person determines the previously furnished information is not complete or accurate.

Not checking your credit score often enough, missing payments, taking on unnecessary credit and closing credit card accounts are just some of the common credit mistakes you can easily avoid.