As we head into the final quarter of 2018, this time is as good as any for you to take a look at your financial health. While the task overall may seem daunting, particularly if you have avoided the issue of your financial health for an extended period, it is best to face the challenges and fear head-on. A good place to start the journey to better financial health is by taking a look at your official credit report available through www.annualcreditreport.com.[1]
How The Fair Credit Reporting Act Works
The law that governs the intricacies of reporting on consumer credit, the Fair Credit Reporting Act, allows you, the consumers to access your credit report from each of the three (3) consumer reporting agencies through www.annualcreditreport.com once every year. This access to or free “pull” of the credit report does not negatively impact your overall credit score or creditworthiness. Instead, it is a great free tool that allows you to determine what information is contained on your credit report and if that information is correct. Knowing the information that is contained on the credit reports can go a long way in helping you take control of your financial health.
If any of the credit reports contain incorrect information, the next step in the process would be for you to submit a dispute identifying and detailing the nature of the inaccuracy. It is also a good idea for you to print two (2) copies of each of your three (3) credit reports and highlight the incorrect information on one set of copies. This allows consumer protection attorneys representing you to have both a clear copy and a notated copy from which to work. This will allow the attorney to properly document the case so that if applicable, a lawsuit can be filed against the offending creditor and/or credit report agency.
If you have determined that there is incorrect information on your official credit report available through www.annnualcreditreport.com, we encourage you to bring two copies of all your reports to our office so that we can review same with you and determine if either the creditor reporting the incorrect information of the consumer reporting agencies have violated the Fair Credit Reporting Act.
Contact Loan Lawyers For Help With Credit Reporting & Fraud
Consumers may be entitled to monetary compensation for any damages and fees related to violations of the FCRA. At Loan Lawyers, our Fort Lauderdale bankruptcy attorneys have helped South Florida residents with issues related to FCRA violations Contact our Florida bankruptcy attorney for a free consultation to see how we may be able to help you. Call us at 1-888-Fight13 (344-4813).
[1] While other companies such as Credit Karma and Credit Sesame and certain credit card companies may provide copies of your credit report, the official report may contain information that is more accurate than the others.
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Loan Lawyers is made up of experienced consumer rights attorneys who use every available resource to develop comprehensive debt solution strategies. Our goal is to take on those burdens, resolve those problems, and allow our clients to sleep soundly knowing they are on the path to a better future.
