Errors on Credit Report

"One in four credit reports contains errors serious enough to cause consumers to be denied credit, a loan, an apartment or home loan or even a job, according to a survey released by US Public Interest Research Groups." June 17, 2004.

Fair Credit Reporting Act

The Federal Fair Credit Reporting Act (FCRA) a federal law regulates accuracy, fairness, and privacy of information in the files of consumer reporting agencies. Consumer Reporting Agencies (CRAs), credit bureaus and specialty agencies sell information on your check writing history, your long term payment and, medical and rental history records. In addition to the report they also provide your personal information on your social security number, address, phone number and place of employment.

FCRA gives you the right of access to

• One free disclosure every 12 months from each credit bureau and specialty consumer reporting agencies, nationwide
• The name, address, and phone number of the CRA that provide your credit report information or consumer report
• Your credit report information with your Social Security number

A free file disclosure to you is warranted if

• The misinformation in your credit report has adversely affected your chances of getting credit, insurance or employment
• You are the victim of identity theft and a fraud alert has to be added
• Your file has inaccurate information as a result of fraud
• You are unemployed but expect to apply for employment within 60 days
• You had applied for a credit card, bank or other loan, or seek housing through rental

Credit Score

Credit scores are numerical summaries of your credit-worthiness based on information from credit bureaus. You can have the access to your credit score from CRAs at a nominal cost. Mortgage lenders may sometimes provide you with credit score information for free.

You have a right to dispute incomplete or inaccurate information on your credit report

If you identify incomplete or inaccurate information on your credit score:

• Report it to the CRA for the CRAs to investigate, correct, and delete inaccurate, incomplete, or unverifiable information within 30 days
• Report accurate information
• Dispute the inaccuracies on your credit for removing the error and raising your scores

What we can do to help you

Contact us and we will send you a free dispute letter to mail to the three credit agencies. If they do not correct the errors within 30 days, we will sue them and clean the mess up for you.

The Federal Fair Credit Reporting Act is a Consumer Statute that can remove the bad marks, get you compensation and get any attorney fees and costs paid for. We make the bad guys who caused your problems pay you and pay us!

Credit Repair

The FCRA gives you specific rights for Credit Repair:

• A CRA requires your written consent to give out information about you to, your employer or a potential employer
• If a CRA, a user of consumer reports, or an informant to a CRA violates the FCRA, a lawsuit in a state or a federal court will restore your rights
• Identity theft victims and active duty military personnel have additional rights
• You may have additional rights under state law

Contact us right away to get the process started and get your credit back in shape.