People Come First At Our Consumer Rights Law Firm
When applying for credit, we know that we are likely to be subjected to the traditional credit search, where the potential creditor will check our credit history through one of the three main credit reporting agencies, Trans Union, Equifax and Experian. However, for those who do not have an established credit history, there may be a road block to getting…
Pursuant to the Fair Credit Reporting Act (“FCRA”) upon receiving notice of a dispute from a consumer regarding inaccurate information on a credit report, the credit reporting agency (“CRA”) and furnisher of the account have a duty to conduct a reasonable investigation into the dispute within 30 days and report back to the consumer with the results. The law is…
If you have old debt, it is important to know that a debt collector may not file a lawsuit against you or report a debt on your credit report. This is because the law limits the number of years a collector may sue you to collect a delinquent debt. The time period to file suit is known as the statute…