New York FCRA Lawyer
Disputing Credit Report Errors for Clients in New York City
Your credit report has vital information affecting many areas of your life. Your report records everything from your history of paying your bills to whether you've filed for bankruptcy. Credit reporting companies are responsible for providing accurate credit history information to lenders, employers, and similar entities.
However, many credit reports contain errors created by creditors, debt collectors, or the credit agencies themselves. Incorrect information on a credit report can drastically affect your score. It can also lead to collection harassment for debts that you do not even owe. Therefor, if your report is affected by such errors, it is important to get these errors corrected as soon as possible.
Types of Credit Report Errors
Common errors on credit reports include:
- Multiple Listings - A single debt is listed two or more times on your credit report. This negative information can incorrectly inflate the amount you actually owe. Whole accounts can also be reported multiple times, with a more dramatic effect on your score.
- Incorrect or False Delinquency Reports - Your report states you are behind on a debt. However, that is actually current or was already paid off. Alternatively, it may be a debt you don't recognize, often resulting from identity theft.
- Social Security Number Errors - Another person's credit information can be included on your report. Referred to as a "mismerged" report, it typically occurs in cases where two individuals have similar Social Security numbers.
- Impermissible Access - When you apply for credit, your credit report is often reviewed. This can have an impact on your overall credit score. If someone reviews your credit report without authorization, it can look like you've applied for credit more than you actually have. This can be detrimental to your score.
If you have discovered errors on your credit report, contact our debt collection defense lawyers. We will work towards correcting your report and filing a report. We can also help you recover compensation for any financial damages you have sustained as a result of the disputed item.
How to Dispute Inaccurate Credit Report Information
The Fair Credit Reporting Act (FCRA) makes both the credit reporting agency and information provider responsible for correcting inaccurate information in your report. When you identify an error on your credit report, you will want to contact the reporting company regarding the inaccuracy. You will need to include copies of supporting documents and clearly identify the disputed information.
The FCRA requires credit reporting companies to investigate your claim within 30 days, unless they consider the claim frivolous. Additionally, all information must be forwarded to the information provider, who must also investigate the claim.
Upon completion of the investigation, the credit reporting company will issue you the results of your claim, along with a free copy of your credit report if there was a change. The disputed and fixed information will also be sent to all three nationwide consumer reporting agencies (Equifax, Transunion, and Experian).
Our attorneys can help you gather evidence and create your dispute letter. If the credit reporting company does not resolve your dispute, we can work with you to pursue your claim.
File a Credit Report Dispute With Our Attorneys
Law Office of Abel L. Pierre, Attorney at Law provides a broad range of debt collection defense and credit repair services. We can assist you with the dispute process if your credit report contains potentially harmful errors. Utilizing the Fair Credit Reporting Act, there are many legal options we can explore in seeking a resolution. This includes filing a debt collection lawsuit against the responsible parties, if necessary.
Contact the Law Office of Abel L. Pierre, Attorney at Law, P.C. for help in addressing errors on your credit report.