Did you know there is reportedly a 1-in-5 chance your credit report has a mistake in it!
That mistake could keep you from getting a mortgage or a car loan and it's nearly impossible to fix.
An eight-year study by the FTC found as many as 40 million Americans have a mistake on their credit report. One woman told CBS newsmagazine '60 Minutes' that her life spiraled into a kind of credit hell when someone else's debts were put in her name.
A lobbyist for the industry said the major credit reporting agencies don't break the law and 95 percent of customers say they are satisfied with the dispute process.
Here are some resources you can use to check your own credit report for mistakes: