Federal and state fair credit reporting statutes promote the accuracy and privacy of information kept and distributed during the consumer reporting process. Credit reporting violations include where your credit report contains information that is inaccurate or incomplete, disputed or outdated. Credit report problems causing violations of these statutes require compensation to you for damages suffered (such as credit loss, higher interest rates and emotional distress), plus an additional amount up to $1,000 per violation, punitive damages, attorney fees and court costs, and often more importantly, allow you to correct and protect your credit report in the future.
The Fair Credit Reporting Act
Fair credit reporting requirements are critical as the accuracy of your credit report can affect whether you qualify for a loan and at what interest rate, and the privacy of your information guards against identity theft, a very serious problem today that can ultimately affect your ability to get credit, insurance, or even a job.
If you think you are a victim of unfair credit reporting practices, complete this form for a free Fair Credit case review, or call 888-595-9111 to submit your information. Your inquiry will be personally reviewed by an experienced attorney and you will be quickly contacted with an opinion of your situation.