Credit Report Lawyers

credit report lawyers

Lawyers to help with credit report help consumers correct mistakes on their credit reports. The Fair Credit Reporting Act (FCRA) requires the three major credit bureaus – Experian, Equifax, and TransUnion – to follow a process when consumers dispute inaccurate information on their reports. The agencies are supposed to investigate the information, contact the company associated with it, and remove any incorrect or unsubstantiated items within 30 days of receiving the dispute. If the agency doesn’t correct the error or is found to have violated the FCRA, then a consumer can sue for damages.

A seasoned credit report lawyer will be able to draft a strong dispute letter and follow up with the credit bureaus to ensure that any errors are corrected. Errors that aren’t fixed can damage your credit, hindering your ability to obtain loans and jobs and cost you money in higher interest rates on credit cards or mortgages.

Credit Report Lawyers’ Insights: What Lenders Don’t Want You to Know

Errors can be caused by a number of different issues, including identity theft and inaccurate debt reporting. A credit report attorney can help you navigate the FCRA’s dispute process, and even sue credit bureaus and debt collectors who violate the law.

A good credit report lawyer will be a trusted advisor, not just an attorney. Make sure to vet the lawyer before hiring them by contacting their state Bar and requesting a disciplinary history. Also, it is important to check the lawyer’s reviews online. If you see any negative or unsatisfactory reviews, move on to another attorney.