Consumer Attorneys Guiding You Through Fair Debt Collection

Fair Credit Reporting Act Lawyers

Ensure Your Credit History & Information Is Accurate

Your credit report can make or break financial opportunities for you. When a loan agency or other interested party requests that information, it has to be accurate. There are laws in place to protect the accuracy, fairness, and privacy of information about your credit and finances. If you learn your credit report contains false information, contact SternThomasson LLP. Our attorneys have an in-depth understanding of the Fair Credit Reporting Act and can help you determine if your rights have been violated.

Fair Credit Reporting Act

The Fair Credit Reporting Act (FCRA) is a federal law that governs how credit information is collected, reported, and accessed. The legislation put into place by the FCRA determines how and what information about your credit appears on your credit report. This law also guarantees your rights when it comes to information about your credit.

According to the Fair Credit Reporting Act, you have the right to:

  • Obtain a copy of your credit report when you request it
  • Have incorrect information removed or corrected
  • Limit the businesses who have access to your file to only those with a permissible purpose for viewing it
  • Opt-out of any pre-screened credit promotions or offers

    Obligations for Credit Reporting Companies

    When it comes to the information about you that is reported to credit bureaus, the companies reporting this information must follow strict guidelines.

    Businesses reporting information about you to credit bureaus must:

    • Report accurate information
    • Update any incorrect information reported about you as soon as the inaccuracy is known
    • Disclose to you any negative information they have reported about you within 30 days
    • Inform credit bureaus when you close an account voluntarily
    • Have a procedure in place for handling notices of identity theft sent by credit bureaus and refrain from reporting accounts that you have notified them were created from identity theft

      This information may help you better understand your debt and how it affects your overall credit. When you face problems with debt or your credit, knowing your rights and the regulations placed on businesses and debt collectors by the FCRA can help you take the next steps. Debt collectors do not always follow the law or respect your rights. Our consumer protection lawyers at SternThomasson LLP can help you find answers and protect your rights.

      Why Choose Stern•Thomasson LLP

      • Nearly 60 Years of Combined Legal Experience

      • Client-Oriented, Results Driven Representation

      • Well Respected in the Legal Community

      • Personable, Thorough and Easily Accessible

      Have you been contacted by a debt collector? Are you in need of reliable information and sound advice? Are you confused as to where to even start?

      At Stern•Thomasson LLP, we are here to help consumers enforce their right to fair debt collection practices by being a resource for useful materials and providing our legal expertise to you to protect your rights, helping you to navigate through the rough water that is your current financial situation.

      Self Help Resources