Overview of Identity Theft and Its Impact On Credit Scores
Overview of Identity Theft and Its Impact On Credit Scores As technology continues to advance, it is becoming increasingly common for hackers and identity thieves to steal our personal information. One of the most serious effects of identity theft is the impact it has on our credit scores. It’s essential to understand how identity theft […]
Reviving Your Credit Report: Steps to Correct Errors and Fix Credit Report
Errors in credit reports are no joke: They can negatively impact your credit score and lead to a wide variety of related problems, including loan turndowns, credit card closures and increased interest rates. However, you can correct errors in your credit report and even revive your credit score. The Importance of Credit Reports A credit […]
Recovering Your Losses For Damage To Your Credit
Recovering Losses Due to Damage To Your Credit and When to Get Legal Help for Credit Report Mistakes The first step to dealing with damage caused by inaccurate credit reporting is to pull your credit reports for all three major credit reporting bureaus (Equifax, TransUnion and Experian) It is important to do this with regard […]
CFPB, FTC And Consumer Advocate Groups File Amicus Briefs In Support Of Schlanger Law Group’s Appeal In FCRA Class Action
Schlanger Law Group recently appealed an order dismissing a class action regarding auto leases that were erroneously reported as including balloon payments. The CFPB and FTC as well as numerous prominent consumer advocacy organizations filed briefs in support of our client. The FCRA requires that credit reporting agencies such as Trans Union, are obligated to […]
Gov’t FCRA Compliance Report: Credit Bureaus “Routinely Failed”
The Consumer Financial Protection Bureau (CFPB) is a government agency that helps ensure banks, financial companies, and creditors treat consumers fairly. As part of this mission, the CFPB enforces the Fair Credit Reporting Act (FCRA) and gathers data about consumers’ credit reporting experiences and credit agency FCRA compliance. A January 2022 CFPB report revealed that […]
Credit Report Dispute Denied? Turn to a Credit Report Attorney For Help
If you have ever applied for a credit card, automobile loan, or other forms of credit, you have a credit report. If you find incorrect information in your report, you can dispute that information. Then, once your dispute is investigated, your credit report should be corrected. However, if your credit report dispute is denied, you may need […]
When Do Errors in Your Credit Report Become FCRA Violations?
If you have a credit card, a mortgage, an auto loan, or some other line of credit you have a credit report. The Fair Credit Reporting Act (FCRA) protects consumers from creditors and credit reporting agencies that misreport or misuse credit information or fail to follow certain procedures. Unfortunately, unresolved errors and FCRA violations can cause many consumer problems. The Consumer […]
Family Fraud: When Your Identity Thief is a Relative
When most people hear the words, “identity theft” they conjure up images of someone in a distant location, randomly searching the internet for credit card and bank accounts to hack, or perhaps someone stealing their mail. While these scenarios are not uncommon, another category of identity theft—fraud by family members, including ex-spouses and ex-partners—is growing each […]
The Benefits of Working with a Credit Report Lawyer
Many American students graduating from high school this year don’t realize the importance of a credit score. They don’t understand how their credit rating will have a serious effect on every financial decision they make. From renting an apartment to buying car insurance, your credit score can be responsible for expensive rates and even rejection. […]
Case Update: SLG Successfully Resolves Client’s Nissan Lease Payment Lawsuit
Large credit reporting agencies like Equifax, Experian, and TransUnion often include mistakes in an individual’s credit reports. Consumers rightly expect that these errors should be fixed when they alert the agencies. In one case, our client’s Nissan lease payment record was reported incorrectly and the companies involved refused to correct it. As a result of […]
