Helping Good People Get Better Loans

Check Your Rate

How To Correct Credit Report Mistakes?

As many as 40 million Americans have at least one mistake in their credit reports, according to the Federal Trade Commission For 10 million Americans, those mistakes are serious enough to have a detrimental effect on their access to credit. Correcting credit report mistakes is one of the most effective ways of improving your credit. The procedure required to report inaccurate items in your credit report is not complicated, but the persistence required is worth the effort.

Once you’ve finished correcting credit report mistakes, maintaining on-time payments and keeping debt levels low help maintain good credit and high FICO scores.  LoanNow provides financial education and guidance along with our loans to help you improve your credit profile along with providing the extra cash you need.

Getting Your Credit Report:

The first step in correcting credit report mistakes is obtaining your credit reports from each of the three major credit reporting agencies: Equifax, Experian and TransUnion.  You are entitled to one free copy of your credit report from each agency every 12 months. You can obtain copies instantly through the annualcreditreport.com website or from the individual websites for each of the three credit reporting bureaus. You can also request a hard copy of your credit report by mail.

Disputing Credit Reporting Errors:

The process for correcting credit report mistakes is straightforward.  Report disputed items to the credit reporting agency and any associated merchants or creditors in writing. Describe your reasons for the dispute and provided copies of documentation that supports your position, including cancelled checks, credit card receipts, bank statements and shipping return records.

If your dispute is upheld, the merchant or creditor must stop reporting the inaccurate information, and the credit reporting bureaus must remove the erroneous items from your credit report. If copies containing inaccurate information were distributed within the previous six months, you have the right to demand that updated copies be distributed to every recipient. You are also entitled to a copy of the updated report.

Maintaining a Positive Credit Profile:correcting credit report mistakes

After correcting credit report mistakes, responsibly Using and repaying the right kinds of credit is essential. Regular credit cards and bank loans are usually reported to credit reporting bureaus; prepaid credit cards and payday loans are not. LoanNow is actively integrating with the three major credit reporting bureaus so that we can report positive repayment histories and help our customers improve their overall credit profiles. In the meantime, Establishing and maintaining a positive repayment history with LoanNow helps you develop good financial practices that can carry over to provide a boost to your entire credit profile!

Check Your Rate

Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

  • "Our loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties."

    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

LoanNow Score

* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.

LoanNow Trustpilot Rating: 9.3 out of 10 based on 570 reviews as of March 2016. SuperMoney Rating: 9.5 out of 10 based on 55 reviews.