CHICAGO LAWYERS WHO HOLD FAIR CREDIT REPORTING ACT (FCRA) VIOLATORS ACCOUNTABLE
Does your credit report contain incorrect information? Have you tried to have it corrected but the credit reporting agency, such as TransUnion, Equifax, or Experian, or the company reporting the information on your credit report, won’t fix it? Has someone accessed your credit information when they shouldn’t have? Are you a victim of identity theft and can’t get your credit report fixed? Are credit report problems messing up your life?
If you think there is an incorrect item being reported on your credit report, our lawyers at the Chicago Consumer Law Center, P.C., can evaluate your credit report, figure out a plan of action, and, if necessary, sue the companies that won’t comply with the law to get the error fixed. You can also recover compensation for the harm you experienced, and have them pay our attorneys’ fees.
THE FCRA PROTECTS YOU FROM CREDIT REPORTING ERRORS
The Fair Credit Reporting Act (FCRA) protects you from errors on your credit report that can cost you thousands of dollars. Under the FCRA, you’ve got a right to fair and accurate reporting of information on your credit report. When the information is wrong, the FCRA gives you the power to fix it. For example, when credit reporting agencies claim that certain information on your credit report is correct—and it’s not—they may have violated the FCRA.
Creditors, debt collectors and consumer reporting agencies can violate the FCRA in many ways, like:
HOW FCRA VIOLATION LAWSUITS WORK
If a credit bureau, creditor, debt collector or furnisher of information violates your rights under the FCRA, you might be able to sue to correct the information. The FCRA says that you might be entitled to monetary compensation for the harm caused. This includes compensation for the actual harm you experienced, as much as $1,000 in statutory damages, punitive damages (meant to punish the defendant), and your attorneys’ fees paid for by the defendant.
It’s important to fix problems with your credit report and take action to protect your rights. Errors on your credit report can cost you. Your credit score may drop, you might be denied credit, you could be forced to pay higher interest rates or insurance rates, and you may even be rejected when trying to rent an apartment or home. Over time, this can have a serious impact on your life in terms of your money, time and reputation.
WHEN CREDIT REPORT PROBLEMS AFFECT YOUR LIFE, WE CAN HELP.
If you think that a credit reporting agency, creditor, or debt collector is reporting incorrect information on your credit report, it’s a good idea to talk with an attorney about your options. You may have to sue to correct the information and receive compensation for the harm you’ve experienced.