Reply #9: My credit report still has my parents' house listed under my name. [View All]

[4lbs]

Even though, someone at Experian definitely didn't realize that when the house was purchased, I was only 3 years old. A simple comparison of year of purchase and my birth year would have told them that. However, that would require that some pencil pusher actually take the time to verify the data.

The confusion on the report is due to the fact that my father and I have the same first and last name, but different middle name. In addition, I lived at home for the first 24 years of my life, while I was in college and the first year of my first job.

So, two males, with the same first and last name, and same address. Father and son.

Yet, that mistake continues today, and I still can't get it resolved. After three unsuccessful attempts to correct it, it's still there.

It was a credit liability for me for a decade when I applied for loans. I was denied a car loan in the 1990s because of it, and I tried to explain to the auto dealer about that house on my credit report they got. They just said "you need to talk with the credit agency about that." They didn't care either.

Fortunately though, my parents fully paid off the mortgage about nine years ago, and their house that is listed as being also owned by me on my credit report, now gives me a good rating, because Experian now sees a $250K asset in my name instead of a liability.

I guess that's why I regularly receive offers for high-limit gold/platinum credit cards.