CFPB Updates “Summary of Your Rights Under the Fair Credit Reporting Act”

The Consumer Financial Protection Bureau (CFPB) has released an updated “Summary of Your Rights Under the Fair Credit Reporting Act†to educate consumers on their rights relating to credit reports. “The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, […]

Consumer Watchdog The National Consumer Law Center Has Issued Key Steps to Minimize Risk After Equifax Data Breach

Consumer Watchdog The National Consumer Law Center® (NCLC®), has issued the following key steps to minimize risk from the Equifax data breach: “Determining Whether the Client Has Been Affected It is very likely that any client with a credit history is one of the 143 million adult Americans whose personal information was exposed in a data breach at Equifax, one […]

Four Smart Tips For Disputing Credit Report Errors

Four Smart Tips For Disputing Credit Report Errors By: Robert J. Nahoum A Federal Trade Commission study of the U.S. credit reporting industry concluded that 25% of consumers had errors on one of their three major credit reports.  With 322,583,006 people in America that means that more than 80 million Americans have errors on their reports. Common errors found in […]