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Neighborhood Mixed Filed

By Law Office of Abel L. Pierre, Attorney at Law, P.C.

It’s extremely frustrating than waking up to find out that somebody else’s bad credit is appearing on your credit report. Even more frustrating that is to discover how difficult it can be to correct this issue. The credit reporting agencies and the creditors don’t really care who’s report the collection account shows up on, they just want to get paid. The key to solving this problem is to understand how this problem can arise to begin with.

Often times people who live in the same neighborhood or towns end up with each other’s information on their credit report. This problem is exacerbated when people who belong to the same ethnic background or have similar national origins congregate within a small geographic area. There are many popular names which are the equivalent of the American “John Smith” which lends itself to much confusion. This problem is especially prevalent in Hispanic or Latino and Asian communities. Further exacerbating the problem is the language barrier which often times intimidates consumers from trying to correct the problem. Sometimes consumers are even coerced into paying debts they do not actually owe just to correct this unfair situation.

The credit reporting system does not create incentives for credit reporting agencies and creditors to be extra careful in how they report bad credit. It is quite the opposite, it is more profitable for a creditor or debt collector to report back credit on the wrong credit report than it is to remove it.

The attorneys and legal partners at the Law Office of Abel L. Pierre have 20 years of experience successfully fighting Equifax, Trans Union, and Experian and forcing them to remove inaccurate bad information. The best thing is that if you are plagued with inaccurate information on your credit reports our attorneys can represent to you with no out-of-pocket cost to you. Feel free to contact us today