Credit Report Errors

If the companies won’t fix your credit reports, you have the option to sue under federal law to persuade the appropriate companies to fix your credit reports and compensate you.

60 Minutes Report Reveals The Broken Credit Report System In America

60 Minutes Report Reveals The Broken Credit Report System In America 60 Minutes had an excellent expose of the credit reporting industry and how Equifax, Experian, and TransUnion are not concerned with fixing credit report errors. The journalist on the story was Steve Kroft who really captured the frustration felt by so many consumers who cannot get the attention of the credit bureaus to fix a credit report with errors. 40 million Americans have errors — there are about 200… (Read more)


FAQ About Fair Credit Reporting Act (FCRA)

FAQ About Fair Credit Reporting Act (FCRA) Your credit report should be accurate Q. What is a credit report? A. A “credit report” is a document that normally contains your personal information (name, date of birth, social security number, address, etc) and information about your credit history such as the credit cards you have, the mortgages you have, and whether you have ever been late or been sent to collection. Q. How do I get a copy of my credit… (Read more)


Make sure your lawyer answers all of your questions before hiring the lawyer

You have questions — make sure any lawyer you consider hiring answers all of your questions The primary reason you consider hiring a lawyer is because you have questions about the law or how the legal process works.  Especially when you are considering being in court — it is natural that you would have questions. So here are some suggestions as you go through the process of finding and hiring a consumer protection lawyer. Make a written list of any… (Read more)


What is the reason you can get punitive damages under the FCRA for false credit reporting?

Punishment and deterrence are the twin goals of punitive damages Why are punitive damages sometimes allowed under the FCRA when you have false credit reporting? It is because the whole point of the FCRA (Fair Credit Reporting Act) is to make sure you have accurate credit reports and can get errors fixed.  If the credit reporting agencies (Equifax, Experian, Trans Union, etc) or the furnishers (whoever furnishes or supplies the information) won’t fix your reports, then they should be sued.… (Read more)


Should I use the FDCPA or FCRA when a debt collector has false credit reporting on me?

“Should I use the FDCPA or FCRA when a debt collector has false credit reporting on me?” This is a good question. You can actually use either of them, or in some cases you can use both. Under the FDCPA (Fair Debt Collection Practices Act) you can sue a debt collector without disputing with the credit reporting agencies. However, you may want to try disputing through the credit reporting agencies so that you can use the FCRA also. The FDCPA… (Read more)


Can I fix credit report errors on my own?

“Can I fix credit report errors on my own?” This is a common question that we run across, but a great one nonetheless. Absolutely, you can fix credit report errors on your own. Most of the time, it’s pretty easy to fix them. The key is to properly dispute with the credit reporting agency (Experian, TransUnion, Equifax, etc.) Some people don’t go about it the right way, which can be a mess. Write them a letter. Explain why your credit… (Read more)


If I have a vacated judgment, what happens with my credit report?

If I have a vacated judgment, what happens with my credit report? This is a great question, especially when we’re dealing with credit reporting agencies. Here are a few words of advice when you’re dealing with a vacated judgment. Check your credit reports. More than likely, the judgment is on your credit report. If it isn’t, then that’s good.  It should not be on your reports. There’s nothing that needs to be done. But if the judgment is still on… (Read more)