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According to a study by the FTC , one in five consumers has a potentially material error on at least one of their credit reports. Here are five hidden errors you must look for today. 1. The "Ghost" Account (Identity Theft)

This is the most critical error. You review your report and see a credit card or loan you never opened. It could be a sign of identity theft. creditsmartreports.com

Beyond the Score: 5 Hidden Credit Report Errors Costing You Money According to a study by the FTC ,

At , we know that a single error can linger on your report for years, silently dragging down your score and costing you thousands in higher interest rates. The "Ghost" Account (Identity Theft) This is the

Gather bank statements or proof of payment and send a formal dispute letter to the credit bureau. 3. The Re-aged Debt

It makes you look overextended, which hurts your score.

Check the "Date of First Delinquency" and ensure it matches the seven-year rule. 4. Wrong Personal Information