Philadelphia Credit Report Error Attorney
Don't Let a Mistake on Your Credit Report Affect Your Future
As Americans, we use our credit to obtain motor vehicles, credit cards,
home loans, appliances, store credit cards, time shares, business loans,
apartments and rental homes. Nearly every aspect of our life is governed
by our credit score. When there is an inaccuracy on your credit report,
it can affect whether or not you get an automotive loan, a home loan,
or even decent automotive insurance rates. Wrong information on your credit
report can even affect your ability to get a good job.
Credit report errors can cost you a better score and they can ruin your
hopes for obtaining certain loans.
Nearly 80% of the credit reports in a study from the U.S. Public Interest
Research Group contained inaccuracies. What's more, a quarter of them had mistakes that could trigger a denial
of credit. If a credit reporting agency fails to remove inaccurate information
from your credit report, you may have legal recourse against them. Legally,
if there is inaccurate information on your credit report, the credit reporting
agency is required to remove it.
If the credit reporting agency fails to remove the inaccurate information,
then they could be sued for damages. As a seasoned Philadelphia debt collection
defense attorney, I will closely review the details of your situation
and I can inform you if you have grounds to file a lawsuit. As a debtor,
you have legal rights, and it's my personal mission to see to it that
the integrity of your credit report is fully protected and kept in good
Schedule an initial consultation today to find out how I can help.
Is your credit score being reported accurately?
In the United States, we use three major credit reporting agencies: Transunion,
Experian and Equifax. Although each of these credit reporting agencies
differ slightly, all three of the credit reports contain the same basic
information. Your credit report is extremely important and it has an effect
on many aspects of your life. Your credit report contains personal identifying
information about where you live, how you pay your bills, if you have
ever filed for bankruptcy and whether or not you have ever been sued or
These credit reporting agencies sell the information in your credit report
to creditors, insurers & employers.
These parties then use your personal information to evaluate your applications
for credit, insurance, employment, and even renting an apartment or home.
Fair Credit Reporting Act (FCRA) promotes the accuracy of the information that is contained within American's
credit reports. Most financial advisors and consumer advocates strongly
suggest that consumers review their credit report periodically in order
to ensure that it is completely accurate. For further information about
how to ensure the accuracy of your credit report, contact a Philadelphia
debt collection defense attorney from the Law Office of Michael P. Forbes, PC.
Contact a debt collection defense attorney at our firm to address your concerns.