NY Governor, Andrew Cuomo, announces new regulations for credit reporting agencies. Referring to July’s Equifax breach as “a wake-up call,” Cuomo said that NY will hold the credit industry to the same scrutiny as banks and other financial industries who do business in the state. Credit reporting agencies will be required to register with the […]
Category Archives: Credit Report Errors
In Graham v. Pyramid Healthcare Solutions, Inc., 2017 WL 2799928 (M.D. Fl. June 28, 2017), the plaintiff alleged that the employer utilized an FCRA disclosure that contained extraneous information in violation of the law’s standalone disclosure requirement. The employer’s disclosure improperly included: (i) the logo of the consumer reporting agency; (ii) blank lines for “Organization […]
Auto Lending: Last Week Tonight with John Oliver Read More
Experian says that the biggest component of credit card fraud trends is the fact that 2016 was a record year for data breaches. There were 1,093 breaches, a 40% increase from 2015, according to the Identity Theft Resource Center. Meanwhile, the Federal Trade Commission recently revealed a jump in consumers who reported that their stolen data […]
Handing over your credit card to your teenager might not seem like a good idea. But it might actually be a smart financial move. Not only can it help kids learn money management skills, it can also help their credit score. Adding a child as an authorized user on a parent’s credit card can give […]
Equifax, Experian and TransUnion recently decided to remove tax-lien and civil-judgment data starting around July 1, according to the Consumer Data Industry Association, a trade group that represents them. The firms will do so if those data don’t include a complete list of at least three data points: a person’s name, address and either a […]
REVIEW YOUR CREDIT REPORT The three credit bureaus — Experian, TransUnion and Equifax — provide one free report annually. Request one at AnnualCreditReport.com, and check it every year to avoid problems when you need access to credit. https://nyti.ms/2mv6B60
http://www.cnbc.com/2016/11/08/how-to-protect-yourself-from-medical-identity-theft.html Is your most sensitive information protected in the hands of your health care provider? How well is it protected? When identity theft takes a toll on your credit report, know your rights under the Fair Credit Reporting Act. The statute entitles you the “maximum possible accuracy” of the information contained in your credit […]
When collecting judgments, one of the most powerful tools for creditors is running a credit report on the debtor, since the credit report will show where the debtor has applied for credit or opened bank accounts, etc. These creditor reports are usually a gold mine for creditors, since they can lead to loan applications […]
Indian Police Bust IRS ‘Scam Center’ Police say scammers posing as IRS officials would dial people in the U.S. and threaten them with jail time if they didn’t pay up. Read More Check your credit reports for free at annualcreditreport.com If you see any suspicious or erroroneous information, contact the Credit Report Law Group. Qualified cases […]