Credit Issues

Credit Reporting Issues

Credit Reports are often full of damaging inaccuracies.

Studies show that inaccurate credit reports plague the credit industry.

Indeed, 46%–70% of all credit reports contain inaccurate information.

Here are some of the most common and egregious errors involving credit reports:

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Mixed or Merged Credit Reports

This error occurs when a credit reporting agency mistakenly merges one person’s credit information with another person’s credit information.

Out of Date Entries on Credit Reports

Negative information, such as, delinquencies, bankruptcies, charge-offs loan defaults, etc., must be taken off a person’s credit report after a certain amount of time. However, often debt collectors will “re-age” the debt to make it appear that it is not very old. This conduct is illegal.

Background Screening & the Law

Class action lawsuits against employers for violating the law have been on the rise. The most common violation of the law involves a situation in which a prospective employer accesses a person’s credit reports without express written authorization.

Unauthorized Review of a Person's Credit Reports

Creditors and debt collectors will often access a person’s credit report without a legal purpose under the law. We file lawsuits to protect our client’s private and confidential credit information from entities that have no reason for accessing these credit reports.

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