Customer expectations and options are constantly multiplying, which means that credit reporting errors can have detrimental effects on your customers’ experience and, by extension, their loyalty. An incorrect ECOA code or improperly matched record can cause errors to appear on a consumer’s credit file for seemingly no reason, triggering an arduous dispute process. With the proper data strategy in place, you can ensure only good data works its way through your systems and onto a consumer’s credit file. That’s good news for you and your customers.
Download the tip sheet to see five reasons why you need to prioritize accuracy in your credit reporting now more than ever.