CREDIT REPORTING ERRORS
By Law, Your Credit Report Must be Accurate
You worked hard to keep your credit clean and an error on your credit report could end up costing thousands. A mistake on your credit report could keep you from the best interest rates or prevent you from qualifying for a loan altogether.
There are laws in place to protect you and any company that fails to fix a legitimate error on your credit report may owe you damages as a result.
You have a legal right to have your credit report accurately reflect your account and payment history. If you have a credit report error, call us today and speak to an attorney.
Common Credit Report Errors
Credit Reporting Errors can take many forms: A bill you paid is showing up late, an account you never had is showing up on your credit report, an old account is still there many years after you closed it.
If you notice any of these errors, you may have rights under the Fair Credit Reporting Act that entitle you to damages.
Credit Report Disputes
Once you discover that a creditor or a Credit Reporting Agency has incorrectly reported damaging information on your credit report, the law requires you to put them on notice and give them a chance to correct the error before you can bring suit against them.
The lawyers of the Consumer Rights Law Group will discuss your options with you. If you have a potential case, we will draft a letter to the creditor putting them on notice of the dispute. If the error isn’t fixed in 30 days, our attorneys will represent you in court to collect the damages to which you are entitled under the law.
The Importance of Evidence
If you notice an incorrect item on your report, save the report. Print it out and save a hard copy or take a screenshot. If you are denied a loan as a result of an incorrect credit report, save the denial letter. If you believe the balance is incorrect, save a copy of the invoice or statement with the correct balance. While this is not credit repair, if you have a legitimate credit reporting error we must prove it in court with evidence.
Let Us Help
If your credit report has inaccurate information, our attorneys are here to help. Contact our law firm today and speak with an attorney who can develop a strategy for fighting your case.