https://www.cbsnews.com/news/equifax-data-breach-was-a-year-ago-what-has-dc-done-about-it/ What should consumers do? Get your credit reports at AnnualCreditReport.com. By federal law, consumers can get a free copy of their credit report every 12 months from each of the three big agencies — Equifax, Experian and TransUnion. Examine all your listed accounts and loans to make sure that the personal information is […]
Author Archives: Inter_admin
Job applicants have important federal rights regarding their background checks. That includes being provided with a copy of a summary of those rights. It also includes important rights concerning inaccurate information on a background check report. https://www.jdsupra.com/legalnews/fcra-developments-updated-summary-of-77049/ More information can be found here
Facebook said on Friday that an attack on its computer network had exposed the personal information of nearly 50 million users. https://www.nytimes.com/2018/09/28/technology/facebook-hack-data-breach.html?smid=fb-nytimes&smtyp=cur Identity theft often leads to fraudulent accounts on credit reports and other consumer reports. Federal law protects consumers in those situations. Know what’s being reported about you: https://nyconsumerlaw.com/lawyer/What-data-is-being-reported-about-me-_cp19192.htm
The Consumer Financial Protection Bureau issued a new FCRA “Summary of Rights” form, effective September 21, 2018 https://www.natlawreview.com/article/compliance-now-required-new-fcra-summary-rights-released
“There has been little to no action in Congress that relates to the Equifax data breach or enacting legislation which creates future remedies or legislation designed to prevent such massive data breaches,” said Jim Francis, an attorney at Francis & Mailman, a firm that focuses on consumer protection litigation. https://www.americanbanker.com/news/dc-was-up-in-arms-over-equifax-breach-what-happened Visit annualcreditreport.com for free credit reports […]
Remember, consumers have a right to have accurate information on credit reports, even if related to student loans. http://www.foxnews.com/us/2018/09/06/students-families-struggle-to-repay-billions-in-crushing-loan-debts.html
The FBI is warning financial institutions that their ATMs could be targeted in a hacking attempt. The threat was reported Sunday by Krebs On Security, a popular cybersecurity blog run by the journalist Brian Krebs. Krebs reported that the scheme is known as an “ATM cash-out,” which means the attackers can hack a bank or […]
https://money.cnn.com/2018/08/04/news/companies/wells-fargo-mortgage-modification/index.html Wells Fargo said the computer error affected “certain accounts” that were undergoing the foreclosure process between April 2010 and October 2015, when the issue was corrected. About 625 customers were incorrectly denied a loan modification or were not offered one even though they were qualified, according to the filing. In about 400 cases, […]
https://www.housingwire.com/articles/46049-senate-looks-to-fix-broken-credit-reporting-system Sen. Brian Schatz, D-Hawaii, pointed out that 5% of credit reports contain confirmed material errors, affecting about 10 million people. What’s more, Schatz pointed out that even two years after the errors were found, 84% of those remained on the credit reports.
Credit remains more important than ever. Be sure your credit reports are accurate — it’s your right under federal (and New York) law. https://money.cnn.com/2018/05/22/pf/emergency-expenses-household-finances/index.html