What do if your credit report is inaccurate | Arlington, TX
First go to www.annualcreditreport.com, put in your info, and let’s get started on improving your financial situation!
What kinds of things am I talking about?
The kinds of inaccuracies that I work on and often litigate include inaccuarate or often outdated public records (like judgments); credit reports showing inaccurate information after litigation, such as a take nothing judgment for the debtor on a collection suit, stale, outdated, or reaged debt. The statute of limitations is 7 ½ years from the date of first delinquency. Things like small payments or the debt being sold from one creditor to another
You can space out your credit report pulls evenly during the year, or do it all at once annually.
The same people who maintain your credit reports allowed tens of thousands of credit accounts to be hacked, only in the last decade. The credit reporting agencies (CRA’s) aren’t there to be your best friend. Instead, they’ll do what they need to do to meet minimum requirements, and after that you’re on your own.
Missed information on your report? Incorrect charges or score-killing inputs? No one will notice unless you do. Keep your information straight, and don’t let their mistakes lead to losing out on a loan, vehicle, or college education.
Even more importantly, if an agency has mismanaged your credit report, there may be monetary damages available to you, and that’s where I come in! Call me at James Foley PLLC, and we’ll discuss your case for free, and initiate the process for as little as the cost of postage.
You used to be on your own, Arlington. Then you opened my website!
Better Credit | Arlington, TX Attorney
An erroneous 30-day bank card delinquency on your credit report could lead to a 100 point drop to your credit score. -ConsumersUnion
Even a month with a fraudulent charge can hurt your scores, so don’t let as many as four or fourteen months pass you by. You must be hypervigilant. Waiting to check your report every year, and forgetting until the year is half over could leave you with as few as 6 months to catch fraudulent activity.
As a longtime attorney, I’ll fight to ensure that the CRA’s will pay attention, should you find a fraudulent entry. I’ve won for North Texas clients what they deserve when furnishers make a mistake. I’ll do everything you need me to do, and procure the result you’re looking for.
If these agencies choose to ignore you in order to wind down the clock, that’s additionally illegal, and where you’ll likely need added legal help. Call me and we’ll make sure you’re set up for success.
The Dispute Process
Under the Fair Credit Reporting Act Liability attaches only after a dispute has been initiated. The dispute must be sent to the bureaus. They will then forward that information to the furnisher (the creditor providing the information), and then both entities are required to investigate the dispute. The dispute should include enough information to identify the consumer, and the account or tradeline in question. The dispute letter and accompanying documentation should spell out exactly why the information is incorrect and why you are disputing it. It should be clear on the face of the narrative and your included documents why the disputed information is wrong.
I like to draft the disputes myself, and on my letterhead. I also send the letters by certified mail, return receipt requested. There are other methods to disoute, but this way leaves a definite paper trail. Sometimes it solves the problems, other times it sets up a lawsuit.
JAMES FOLEY PLLC | ARLINGTON TX CREDIT REPORTING
Whether you live in Arlington, Richland Hills, HEB, or Grand Prairie, I’m here to help, starting with a free consultation about your case.
I’m an experienced attorney, and the kind of partner who can make your case heard with credit agencies. I’ve won Arlington clients thousands, only in the beginning of this work, and I know more in Tarrant county stand to succeed. The same is true for Haltom City, Parker County, Grapevine, and the DFW metroplex.