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)


Why do credit bureaus believe furnishers over consumers?

Why do credit bureaus believe furnishers over consumers? Today, I wanted to talk with you about why do credit bureaus believe the creditor, or the debt collector, or a “furnisher” over you when you do a dispute? You believe there’s something wrong with your credit report.  So, you reach out to the credit bureaus (TransUnion, Equifax, Experian) and tell them there is a problem with your Capital One account, your Portfolio Recovery account, or other debt collection account.  You tell… (Read more)


Example: Suing a debt collector for updating balance after pay for delete

Example: Suing a debt collector for updating balance after pay for delete Today, I wanted to share with you an example of a case we filed in the context of a pay for delete.  This is just one of the many cases we file against debt collectors for violating the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). What is a pay for delete? A pay for delete is when you call up a debt… (Read more)


The critical difference between deleting a debt and killing a debt

The critical difference between deleting a debt from your credit report and killing a debt  Deleting a debt from your credit report is good, but the debt still lives. You can still be sued and the debt can be sold.  Think of it as a table with an object resting on top. The debt is the table and the credit report is on top of the table. If we can get rid of the credit reporting, excellent.  But the table,… (Read more)


Can you really get mental anguish for false credit reporting against a debt collector?

Can you really get mental anguish for false credit reporting against a debt collector? When we sue for false credit reporting, we almost always make a claim for mental anguish. We have been suing debt collectors (Midland Funding, LVNV, Portfolio Recovery), credit bureaus (TransUnion, Equifax, Experian), and companies that furnish information to these credit bureaus for false credit reporting for many years.  In every single case, the defense lawyers come back to us and say, “We didn’t do anything wrong,… (Read more)


FCRA credit reporting: examples of technical accuracy

FCRA credit reporting: examples of technical accuracy A lot of times when we sue credit reporting agencies (Equifax, TransUnion, Experian) or furnishers (companies who provide information to the credit bureaus) under the Fair Credit Reporting Act (FCRA), they love to say “Well, yeah, but you know this is technically right. It might be a little deceptive, but it is technically right.” There are ways to argue against this. We can flip this argument over on them.  Here are some examples… (Read more)