Multiple credit reporting agencies track your credit history, making note of everything from late payments to amounts owed. This information is then used to create your credit report and score, both of which can have a huge impact on your ability to secure a car loan, obtain a mortgage, or even land your dream job. Errors on your credit report can thus be quite devastating. Fortunately, if an error is detected, it is possible to have it corrected. The Fair Credit Reporting Act mandates that credit bureaus notified of inaccuracies take corrective action within thirty days.
Although you can tackle credit issues on your own, it is advisable to seek legal support from a knowledgeable attorney. Consider working with the Consumer Advocacy Center, which has an excellent reputation in Chicago and nationwide. With the firm’s team of esteemed attorneys on your side, you can hold major credit bureaus accountable for their failure to address inaccurate credit reports.
The Fair Credit Reporting Act
Many consumers are entirely unaware of the rights afforded them through the Fair Credit Reporting Act. This legislation mandates that all information reported by credit bureaus be fair, accurate, and private. Credit agencies must inform you when information is used against you. Additionally, they must offer you reasonable access to the information in your file and allow you to dispute any information that is incorrect. Consumers also possess the ability to seek damages from those who violate the terms of the Fair Credit Reporting Act.
How a Credit Dispute Attorney can Help
It’s never easy for consumers to go up against major credit reporting agencies. Credit law is notoriously confusing, and those who fail to take all of the right steps in filing a dispute can run into major problems. The right credit dispute lawyer can oversee the entirety of this complex process, beginning with the initial contact with credit bureaus and ending with legal action in court, if necessary.
Consumer Advocacy Center, P.C.: Trustworthy Representation for Credit Disputes
If you believe that inaccurate information is currently harming your credit report, your next step should be to contact a trusted credit dispute attorney. Consider reaching out to the Consumer Advocacy Center. The law firm offers an array of resources for disgruntled consumers, including form letters for filing disputes. You are encouraged to take advantage of these resources, but should further issues arise, it may be in your best interest to seek counsel from our consumer rights attorneys.