Credit Reports. If you are struggling with a financial crisis, you may be overwhelmed with a sense of helplessness. Poor credit reports can be a continuous drain on your financial opportunities, and employers are increasingly resorting to credit reports to make hiring decisions. The Fair Credit Reporting Act (“FCRA”) grants you the right to challenge [...]
fair credit
Identity Theft is Systemic, Pervasive, and Increasing Exponentially Over 9 million Americans become victims of identity theft every year according to the Federal Trade Commission. Fraudulent purchases total $31 billion per year while the total economic impact to businesses is valued at a staggering $221 billion. However, the real cost to victims of identity theft [...]
Congress enacted the Fair Credit Reporting Act (FCRA) to provide consumers with important consumer rights regarding the information found in their credit reports. The FCRA also provides consumers a valuable opportunity to correct erroneous or inaccurate information in their reports. Originally passed in 1970, the Fair and Accurate Credit Transactions Act of 2003 made substantial [...]