There are millions of Americans who report having credit report errors on their credit report every year. It is wise to check your credit report periodically to make sure that there is no inaccurate or incomplete information on it. When you see an error on your credit report, you have the right under the Fair Credit Protection Act (FCRA) to dispute your credit report. The credit report companies then must investigate your claims and fix the errors mentioned in your letter. If you do spot … [Read more...] about Credit Report Errors That Will Ruin Your Credit Score
Credit Report Dispute
Best Way to Dispute Credit Report Errors
The best way to dispute credit report errors is to send the credit bureau a credit dispute letter. A dispute letter will obligate the bureaus to carry out an investigation to see if the claims you are making are legitimate and to correct the mistakes on your credit report that were listed in your letter. Sometimes, the credit reporting agencies may disregard your dispute (even though they are valid to obligate them to investigate) and do nothing about it. When this happens, a credit report … [Read more...] about Best Way to Dispute Credit Report Errors
Is It Possible to Correct Errors on a Credit Report?
There is a misconception about the question, "is it possible to correct errors on a credit report?" The truth is, it is entirely possible to get credit report errors fixed. Once you know the steps for correcting your credit report, it becomes that much easier to put it into action. The best way to get credit report errors corrected is to write a dispute letter to the credit bureau. It is the most effective way that consumers can fix their credit reports. Read on to learn how to correct your … [Read more...] about Is It Possible to Correct Errors on a Credit Report?
Fair Credit Reporting Act – Understanding Your Rights
Consumers have many rights about their credit report under the Fair Credit Reporting Act (FCRA). The agency or anyone else who reports information in your credit report must abide by the rules listed in the FCRA. This is to ensure that no consumers are treated dishonestly with their credit information. Here are some of the rights consumers have under the FCRA. You Must Be Notified When Your Credit Information Has Been Used Against You Whenever someone pulls your consumer report to deny your … [Read more...] about Fair Credit Reporting Act – Understanding Your Rights
What Are Some of the Warning Signs of Debt?
Are you struggling financially? Maybe you are having difficulty making payments on your loans or credit card bills. Using credit can allow you buy a vehicle, home and send your kid to college, but it can also pose serious problems in your life. Even if you are making minimum monthly payments, you still could be at risk for problems. Here are some of the warning signs that you might have too much debt: At least one of your credit cards is near the limit Making just minimum monthly … [Read more...] about What Are Some of the Warning Signs of Debt?
FCRA Attorneys – Fair Credit Reporting Act Attorney for Credit Report Errors
An FCRA attorney can dispute credit report errors for consumers by utilizing consumers' rights that are listed under the Fair Credit Reporting Act (FCRA). With so many consumers, there are tons of ways that an error can appear on a particular credit report. There can be a mixed credit file all the way to credit identity theft. More than 40 years ago, in October 1970, Congress passed the Fair Credit Reporting Act (FCRA). This law was established due to concerns about the growing misuse of … [Read more...] about FCRA Attorneys – Fair Credit Reporting Act Attorney for Credit Report Errors