FCRA

credit reports massachusetts

Many Tax Liens and Court Judgments to be Removed from Credit Reports

The three major credit bureaus, Equifax, Experian, and TransUnion, will remove many tax liens and civil judgments from consumers’ credit reports beginning July 1, 2017. These records are often a major source of credit denials when consumers apply for essential credit like mortgages and auto...

Consumer Protection Rights

Consumer Protections at Risk of Being Rolled Back; How to Help

The new administration announced plans to roll back consumer protections via an Executive Order. Although the order is vague, it essentially gives the U.S. Department of the Treasury instructions to restructure and limit the Dodd-Frank Act, the law passed to increase consumer protections after the...

credit report errors

Reporter Describes Arduous Journey Fixing Credit Report Errors

Credit reporting agencies’ “files are full of obvious credit report errors that the companies are in no rush to correct.” So says journalist Bobby Allyn, who was stymied by credit report errors maintained by credit reporting agency Trans Union. When trying to get an apartment, mistakes in his credit report...

How to Fix Your Credit Report if Your Identity is Stolen

Identity theft is a serious issue. When they pretend to be you, identity thieves cause the accounts they open to show up on your credit report. This affects your ability to buy a car, get a mortgage, rent an apartment, or get a credit card....

Identity Theft: What to do if You’re a Victim

People often find out too late if they are victims of identity theft. It will usually come to light after a loan has been denied or after credit cards get canceled. What can you do if you find out your identity has been stolen, and...

What Has to Happen for a Violation of the Fair Credit Reporting Act?

A recent case from federal district court in Massachusetts makes it clear what has to happen in order to violate the credit reporting law, the Fair Credit Reporting Act (FCRA). This decision sets forth five things that the consumer must prove: The credit report had inaccurate information, The...

The Truth Behind Defaulting on Your Student Loans

Recently, an article titled Why I Defaulted on My Student Loans was published in the New York Times. The op-ed piece discusses a far too common scenario that many students face after graduation. When confronted with the choice of attempting to repay his student loan...

You Got Your Credit Reports. Now What Do You Do?

Credit bureaus make it hard enough to get your credit reports. You have to either navigate through confusing online menus, answer identity questions from your distant past, or wait weeks to receive the official one in the mail, if it ever arrives. But when you...

Credit Reporting Settlement to Benefit Consumers

As part of a state settlement with the so-called “Big Three” credit reporting agencies -- TransUnion, Equifax, and Experian -- consumers will have better abilities to dispute inaccurate accounts and deal with medical debt. Credit bureaus often make the credit-dispute process opaque and confusing, leading to...