New Delhi, Sept. 17 -- Mistakes in credit reports can seriously affect one's financial credibility. They can influence loan approvals, credit card clearances, and the seamless availability of credit to meet daily expenses. Due to the advancement of technology, credit scores now play an even greater role in lending decisions of lending institutions.

That is why it becomes vital for aspiring borrowers to clearly understand the concept of credit profiles, credit scores, and the best possible way to raise disputes to achieve a blemish-free score that can, in turn, help them secure better credit cards and personal loans in the future.

Credit reports are nothing but the financial report card of an individual. These reports can carry typograph...