Credit Card Disputes and the FCRA

What happens when you have fraudulent credit card charges and your credit card issuer does not believe you? The short answer is this: you pursue your rights under the federal Fair Credit Reporting Act (FCRA). At Sherman & Ticchio, we are frequently contacted by consumers who have unauthorized/fraudulent charges on their credit reports and credit […]

How long can a negative item stay on my credit report?

The Seven-Year Obsolescence Rule is the Default Under the Fair Credit Reporting Act (FCRA) With the exception of five specific types of information described below, no negative item (most commonly late payments) can remain on a credit report for more than seven years from the date the account first became negative (i.e., the date of […]

Fraudulent charges on your credit card? Now what?

Most credit card issuers tell you that they offer extraordinary fraud protection and that you will never be held responsible for unauthorized charges to your account. In real life, it often doesn’t work out that way. At Sherman & Ticchio, we speak to consumers all the time who are victims of identity theft and find […]