Unfortunately, many people do not learn about the importance of having accurate listings on their Credit Report until it is too late. Perhaps this describes you:
Continue reading Accurate Credit Reports — Your Key to Financial Health →
How to Use this Resource
We hope the articles below help you understand your rights as a consumer. You can scroll through the titles, or sort by Practice Area or Topic. You can also use the search feature to locate information by keyword.
Flitter Milz represents people with a variety of problems involving consumer credit and collections. If you have a particular question or believe your consumer rights have been violated, Contact Us for a no cost consultation.
Credit Reports
Prioritizing Your Finances in an Economic Crisis
Prioritizing your finances during an economic crisis is a crucial skill to master. Deciding what bills to pay, and what bills to set aside now becomes increasingly more important. This is something you will want to do as soon as possible, because the longer you wait, the more difficult it will be to get a firm grip on your finances.
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Identity Theft During Economic Crises: Look for Credit Report Errors
You may think an identity theft hacker may not notice you. That’s not true. The ways identity thieves pick their targets are more about accessibility. They don’t care about your financial situation. Cybercriminals look for weak spots in personal financial security and privacy they can exploit for profit. Too often, the way we find we’ve been financially hacked is when credit report errors are revealed. It’s never at a good time, either. Most often it occurs when we’re about to seek credit for a home mortgage, car or personal loan.
Continue reading Identity Theft During Economic Crises: Look for Credit Report Errors →
How can a Credit Report Lawyer help me?
Credit report errors happen more often than most of us would like to think. The Consumer Financial Protection Bureau has listed credit report errors as one of the top complaints filed. Believe it or not, one out of every 20 of us have errors on one of our three major credit reports.
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How Will Borrowing Money Affect My Credit?
Taking out a loan can help you build your credit. But remember, to get that benefit, loans must be paid back in full and on time, and according to the terms of the loan agreement. When these terms are not met, the lender can take steps to repossess collateral and collect any money that is owed. As a result, the defaulted loan can be listed negatively on credit reports and lower your credit scores.
Let’s take a closer look at how this all works.
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How Long Does it take for a Repossession to come off your Credit Report?
It’s not enough stress to have your car repossessed, but the consequences — collection contact and negative credit reporting — can be too much to bear.
Car repossessions carry negative weight to a credit report for 7 ½ years from the date it was first reported as late by the lender. Credit scores may drop and your ability to get new credit, and credit with favorable terms, may diminish.
In this blog, we’d like to take a closer look at how long a repossession remains on your credit report and what you can do to correct credit reporting errors.
Continue reading How Long Does it take for a Repossession to come off your Credit Report? →
What is the Fair Credit Reporting Act?
October 26, 2020 marks the 50th anniversary of one of the most important pieces of consumer protection legislation in the country’s history: The Fair Credit Reporting Act.
The Fair Credit Reporting Act, or FCRA, is a federal law governing how consumer credit information can be used and distributed. It gives consumers the right to see what’s on their credit reports and dispute errors and inaccurate information.
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How to Get a Copy of Your Credit Report
Just as a yearly check-up with your doctor is good for your physical health, taking an annual look at your credit report is good for your financial well-being.
Consumers are entitled to receive one free copy of their credit report every 12 months from each of the three main consumer reporting agencies – – Equifax, Experian and TransUnion.
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How to Deal with an Experian Dispute
It’s something that’s drilled into our heads over and over: You must maintain a good credit score.
But sometimes errors can pop up on our credit reports through no fault of our own. When that happens, it’s important to take steps to fix these errors as soon as possible.
In this blog post, we’ll explore how to do that using the example of one of the three main credit reporting services, Experian. Here’s how to deal with an Experian dispute.
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What is a Credit Dispute Letter?
Credit reports must be kept accurate because they affect so many aspects of our lives. Yet errors on credit reports are common. The Federal Trade Commission has conducted studies that show errors may continue to appear on a credit report, even after they’ve been disputed.
Continue reading What is a Credit Dispute Letter? →
