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)
Would You Like To Have Your Credit Report 100% Accurate? This is a wish many consumers have — they want their credit reports to have no errors in them. This wish can come true. If you are willing to do the work. Let me tell you a story of a consumer who had this wish, the work she was willing to do, and how ultimately her wish came true. We will call her “Susie” and she wanted to buy a… (Read more)
Straight Talk About Why You Must Look At Your Credit Report Today I understand why you may not want to look at your credit report. From representing hundreds of consumers related to their credit reports, there are two primary reasons people do not think they need to look at their credit reports: “My credit report is horrible and I don’t need to see it” or “My credit report is great — I’m never late — so there is nothing to… (Read more)
Lawyer Asks: “How Likely Is It To Get A Fraudulent Account Off Of My Credit Report?” A lawyer who I know asked me this question: I’ve got a fraudulent account on my credit report. I’ve heard it is impossible to get these things off but I don’t deal in this area of the law. So how likely is it to get a false account off of my credit reports? This is a common question that we get and the answer… (Read more)
Examples of Abusive Debt Collection Practices That Violate The FDCPA, FCRA, and TCPA Not all debt collectors are willing to break the law but many are willing to break the laws. We wanted to list a number of examples of the types of abusive debt collection practices we commonly see committed against Alabama consumers. FDCPA (Fair Debt Collection Practices Act) Violations Calling you an excessive number of times in order to harass you They’re calling your family members Creating a… (Read more)
ID Theft Victims Are Often Victimized Twice By Banks Violating TCPA With Robo Calls You’ve heard the phrase “adding insult to injury” — here is a great example. You find out to your horror that you are the victim of Identity Theft. You call the credit card company (Bank of America, Capital One, Chase, Citi, Discover, etc) and tell them what happened. They ask for your phone number and you give them your cell. Now the bank is blowing up… (Read more)