How A Credit Report Lawyer Can Streamline Your Case
When an error appears on your credit report, it can have serious consequences. Whether it’s being mistakenly reported as deceased, facing issues due to identity theft, or dealing with inaccurate account information, these errors can disrupt your financial life. While fixing these issues might seem like a complex process, the right support can help guide […]
What Should You Do If You Have A Mixed File Credit Report?
Discovering that your credit report contains errors can be frustrating, especially when it is due to a mixed file credit report. This issue arises when a credit bureau combines your data with someone else’s. It potentially harms your creditworthiness. If left unresolved, it can lead to loan rejections, higher interest rates, or complications during a […]
What Can An Identity Theft Lawyer Do For You?
Identity theft is a growing concern in today’s digital world. It can cause financial hardship, emotional distress, and long-term challenges. Hiring an identity theft lawyer is a proactive way to address this issue, safeguard your rights, and recover from the repercussions. Let’s get to know how these professionals can help you. Assisting with Reporting the […]
How A Lawyer Can Help If You’re Mistakenly Reported As Deceased On A Credit Report
Being mistakenly reported as deceased on a credit report can cause significant financial and emotional strain. This error can block access to loans, disrupt benefits, and tarnish your financial reputation. Legal assistance becomes invaluable in navigating the complexities of rectifying this mistake while protecting your rights under the Fair Credit Reporting Act (FCRA). Understanding the […]
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 […]
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 […]
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 […]