People Come First At Our Consumer Rights Law Firm
Under the Fair Credit Reporting Act (“FCRA”), you are entitled to know what is reported on your credit report. Credit reporting agencies provide your information to lenders, employers, landlords, banks, insurance companies, department stores, and other entities. So, to maintain your financial welfare, you need to know what these agencies are reporting about you. Experts say there are approximately 400…
The average consumer is aware of the three big credit reporting agencies, Experian, Equifax, and Trans Union. When applying for credit, most consumers are aware that lenders review your credit report to see if you are “credit-worthy” before they decide whether or not to lend you money. Most often, the reports being reviewed are from one or all of the…
Your Credit Score is the number assigned to the information contained in your credit report. Your Credit Score is the number used by lenders to make decisions on whether or not to lend you money. Your Credit Score is the number that allows you greater financial opportunities. Your Credit Score is your “adult GPA.” Your Credit Score is the number…
A new year, a new opportunity to clean up your credit. Make 2018 the year you address your finances. Improve your credit and give yourself more opportunities and more cash in your pocket. Cleaning up your credit is as simple as following these five steps. Step 1: Review Your Credit Reports Review your credit reports from each of the three…
As the face of the workforce population begins to change in 2018, employee background checks will need to transform in accordance with the Fair Credit Reporting Act (“FCRA”). As millennials, people aged 18 to 34, continue to out number the baby boomer population and take over the workplace market, this younger and more technologically savvy group of people are invested…
Since the Equifax data breach, many consumers for the first time are pulling their credit reports and reviewing their information. While a major credit reporting security breach should not be the impetus for a credit review, it certainly did help to serve as a reminder that consumers should and need to know what’s reporting about them. Accessing your credit report…
Since the disclosure of the Equifax data breach in September, American consumers have been warned to be overly cautious and protective of their personal information. While data breaches occur more frequently than lenders would like to admit, the Equifax data breach was on an entirely different scale. The difference? Consumers were not in the driver’s seat. Consumers whose information was…
Just weeks ago, a California judge denied Trans Union’s appeal of a $60 million verdict against it for violations of the Fair Credit Reporting Act (“FCRA”). A jury determined Trans Union was liable when it confused over 8,000 consumers’ names with the names of criminals and terrorists on a government watch list. Five years after the case was filed, the…
With the holidays just around the corner, most consumers consider applying for credit to be able to have additional means to make purchases during this expensive time. If you are one of the millions of consumers applying for credit and find that you are continually getting denied, don’t just accept the rejection. Finding out why you have been denied a credit card…
Under The Fair Credit Reporting Act (“FCRA”), when you are a victim of identity theft you have specific rights. While recovering from a massive attack on your credit is a lengthy process, it is not an impossible feat if you follow the letter of the law and these five simple steps. Step 1: Order Your Credit Report & Enable a…