Reason number 355 to check your credit report and credit score frequently: there may be errors or inaccuracies that you will need to dispute to have removed. Nebraska teen Corbin Russell is learning this lesson first-hand, although the inaccuracy reported on his credit score goes a lot further than a simple late payment. Russell, a Harvard High School senior who is set to graduate in a few days, was actually declared dead. (And believe it or not, this it not the first time that a living person has been incorrectly declared dead by the credit bureaus!) Russell’s local Nebraska news station KHAS reported,
“A Nebraska high school senior is set to graduate and is preparing for college, but at a time when most teenagers are having fun and looking forward to the future, Corbin Russell’s plans are on hold. The Harvard High School senior will graduate in just a few days, but his plans for college now face a major roadblock.
He’s been declared dead.
A simple trip to the bank to get a car loan had turned Corbin Russell’s world upside down.
“I was shocked. I really couldn’t believe it because I had been getting a bunch of tax returns back from when I was working,” Corbin Russell said. His Social Security number came back flagged. ”After they ran a credit check score, it came back with a couple alerts,” said Corbin Russell.
Corbin’s Social Security number had been used in a death benefit claim for a man in South Carolina who died in January of 2010.”
To read more about the incredible mixup, including what the credit companies have to say about it, click here.
It seems to me that the credit bureaus should be bending over backwards to fix an error like this. Let’s just hope that they can get on this situation fast enough so that this kid doesn’t have to wait two or more years to go to college. One thing I will say is I bet that Russell will be checking his credit report at least once a year, every year for the rest of his life.