9 Ways A Background Check Attorney Assesses Inaccurate Information In Your Report
Background checks are a big part of any number of processes – whether it’s for employment, housing, or financial services. These reports can, however, often contain inaccuracies that have serious implications. This is where a background check attorney matters, offering an evaluation to identify errors and guide clients through legal recourse. Knowing the Common Causes […]
9 Things You Need To Know About Mixed Credit File
Errors on credit reports can impact nearly every part of a person’s financial life, from securing a mortgage to getting approved for a new job. One of the more complicated things consumers face in this area is the problem of a mixed credit file. While this term might be unfamiliar to some, it refers to […]
What is a Consumer Report Under the Fair Credit Reporting Act?
The Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681, is the primary federal statute that regulates the credit reporting industry. When you obtain your credit report from Equifax, Experian, Innovis, TransUnion or any of the many other consumer reporting agencies (CRAs), you are obtaining a type of consumer report as that term is defined […]
You are a Lucrative Product To Credit Bureaus and Background Check Companies
At Sherman & Ticchio, we work in a peculiar field. We are attorneys who assist clients that are the victims of inaccurate credit reports or background check reports. We bring lawsuits against credit bureaus such as Equifax, Experian, Innovis, and TransUnion, as well as the companies that report to these credit bureaus (examples include banks […]
Professionalism, Quality, Responsiveness, Value
Sherman & Ticchio PLLC under the leadership of Brett Sherman is an excellent law firm that represents the best interest of each and every client. Brett is an experienced and knowledgeable lawyer who gets the job done seeking the best results for his client base. His distinguished career is notable and I would highly recommend […]
Fair Credit Reporting Act Requires Furnishers to Conduct Reasonable Investigations of Consumer Disputes
The Fair Credit Reporting Act (FCRA) defines a furnisher as a company that furnishes information about consumers to credit bureaus (formally known as consumer reporting agencies or CRAs) like Equifax, Experian, Innovis, and TransUnion. Furnishers include, among others, credit card issuers, other types of lenders, and collection agencies. A furnisher’s duty to investigate a consumer’s […]
Adverse Action Under the Fair Credit Reporting Act
Normally, you are entitled to obtain one free copy per year of your credit report with Equifax, Experian, and TransUnion by visiting the website annualcreditreport.com, linked here. Because of the pandemic, you can obtain a free report from each of the big three credit bureaus each week through late April of 2022. In some instances, such […]
A Short Guide to Credit Report Inquiries
Credit inquiries are something very few consumers fully understand. Let’s take a look at some of the important characteristics of those inquiries: Inquiries only stay on your credit report for two years There are two types of inquiries, “hard” and “soft” As a note, TransUnion will refer to “hard” inquiries as “regular” inquiries. Soft inquiries […]
What is a Credit Inquiry (and what is the difference between hard inquiries and soft inquiries)?
Broadly speaking, a credit inquiry is a request by a financial institution or other company (like a potential landlord) for information about a consumer’s creditworthiness from a consumer reporting agency (CRA), which are commonly called credit bureaus. The big three credit bureaus are Equifax, Experian, and TransUnion. A fourth credit bureau currently making a push […]
The Fair Credit Reporting Act and Your Right to Maximum Possible Accuracy (a basic overview)
The Fair Credit Reporting Act (commonly referred to as the FCRA) is the federal law that requires credit bureaus (also known as consumer reporting agencies) like Equifax, Experian, and TransUnion to, among other responsibilities, maintain and follow procedures to assure the maximum possible accuracy of information in consumer reports that they publish about you to, […]
How do I read my credit report?
You finally get a copy of your credit report with Equifax, Experian, Innovis, TransUnion or one of the many smaller credit bureaus, but when you look at it you’re hit with a wall of information that you can’t possibly understand. This is the situation many of our potential clients find themselves in, and it’s understandable. […]
Suspect Identity Theft? You Can “Freeze” Your Credit Reports
Today, with data breaches, telephone scams, and bogus links in emails and texts with offers or warnings that seem legitimate but are, in reality, part of click-bait cons, identity theft is rampant. And a major consequence of identity theft can be the opening of credit cards and other loans in your name without your knowledge […]