Damages, Fees, and Costs in Credit Report Litigation
Damages, Fees, and Costs in Credit Report Litigation The Fair Credit Reporting Act offers consumers many different forms of financial relief for violations of the Act by credit reporting agencies and companies that report to them. For the sake of simplicity, we will refer to all potential financial compensation for violations of the FCRA as […]
Credit Report Errors: Disputes and Lawsuits Under the FCRA
The Fair Credit Reporting Act (FCRA) defines two different types of disputes of inaccurate information on your credit report — “direct disputes” and “indirect disputes” — and it may surprise you which one provides the consumer with more rights. When you dispute incorrect information on your credit report directly to the company that is the […]
Identity theft? 3 steps to take right now
Take these three steps immediately if you believe you are a victim of identity theft (i.e., that an identity thief has obtained access to your confidential personal information and has used or may use your identity for self-enrichment): First, freeze your credit. A credit freeze bars credit reporting agencies – Equifax, Experian, TransUnion, and others […]