Fair Credit Reporting Act

When you miss a payment, it often seems like creditors just can’t wait to add negative marks to your credit history. Unfortunately, they’re not always as quick to report when you do things that should improve your score. Could talking to a Fair Credit Reporting Act, or FCRA, attorney at Golden Law LLP help you protect your consumer right to accuracy and fairness?

The FCRA Explained

Many people view credit reporting as a confusing, complex topic, but it should never get to the point where you lose control of your financial future. The FCRA protects you from abuses, meaning that your report must reflect an accurate depiction of your credit performance at all times. It also gives you the right to decide how and when someone uses your personal information.

The FCRA governs a broad range of actions by various parties that might want to modify, access or otherwise interact with your credit report. Its central message, however, is clear: You have the power to determine how your report impacts your life. Talking to our legal team might help you deal with potentially adverse situations like

  • Employers or lenders using your credit report for things that you didn’t agree to,
  • Companies failing to remove inaccuracies that make it harder for you to use credit,
  • Collection agencies adding negative information to your report without letting you know before and after, and
  • Consumer reporting agencies, or CRAs, failing to remove old debts after a certain amount of time.

Have you been victimized by credit report misuse?

It’s not always immediately apparent when someone has violated your consumer rights. You may be unaware that a company has illegally shared your report with one of its business partners until they deny your loan application. If your current employer is running prohibited background checks without your consent or knowledge, then you might not find out until you’re unjustly terminated.

We can help you pursue legal action no matter what kinds of obstacles you’re up against. Discuss your situation with us to find out whether you might be liable to receive statutory damages, attorney’s fees, court costs or other awards.

Filing Your FCRA Case the Right Way

As with any consumer protection law, the FCRA comes with many different technicalities and hoops that you need to jump through. For instance, your suit may be invalid if you fail to file within the statute of limitations. You might also face resistance from CRAs like Experian or TransUnion when they’re clearly in the wrong. Courts aren’t even unanimous about whether FCRA protections apply to events like credit report data breaches, so it’s vital to assess your situation before moving forward.

Our goal is to help you overcome the confusion that the FCRA’s complexity causes. We offer rapid assessments that make it easier to determine what kind of lawsuit you should file and what evidence you’ll need to prove your arguments in a courtroom setting.

By helping ordinary Americans build strong cases, we’re proudly upholding the rights that make it possible to enjoy the advantages of credit. Find out how we can assist you. Schedule your free evaluation now.

Do you have any questions? Let us help you.