Dispute Letters

If you have ever noticed a suspicious charge on your credit card statement, there is a high possibility you are dealing with identity theft. Identity thieves often make several purchases using your information, or even open new lines of credit or accounts in your name.

This can reflect terribly on your credit, making your score much lower than it actually is.

Alternatively, credit reporting agencies can themselves make mistakes, causing a major issue to your credit report as well. When these unfortunate situations occur, do not hesitate to contact our credit report lawyers at Boss Law.

One of the best steps you can take is to write a credit dispute letter to each of the credit bureaus.

Do Credit Dispute Letters Work?

While people generally tend to avoid conflict, in some cases, it becomes necessary to fight for your rights or you could end up facing terrible consequences for years to come.

Some of the errors your credit reporting agency is responsible for correcting include:

Personal information, including names, birthdates, home and work addresses, marital status, and employment information, which are incomplete.

Incorrect or incomplete credit information for payments you made on time or accounts that are listed as open but really should be closed, including accounts over seven years in age.

Wrongful information on the public record that falsely identifies you as being involved in certain bankruptcies or lawsuits.

Outdated information about bankruptcies or liens you filed or paid for in the past.

Credit reporting agencies are responsible for taking care of such mistakes. However, if you have written a letter and they still have not acted by the end of 30 days, our lawyers can help you file a lawsuit.

Taking these necessary steps of legal action can even result in you receiving compensation for damages.

The Duty of the Fair Credit Reporting Act (FCRA)

According to federal law, the Fair Credit Reporting Act (FCRA) is supposed to ensure that when companies collect the information of consumers, they must follow strict rules about sharing private information.

A shocking fact, however, is that a huge majority of reports, made by even the top three most reputable credit reporting agencies (Equifax, Experian, and TransUnion), are actually riddled with “tiny” mistakes and errors.

We can help you tackle these problems with a detailed credit dispute letter. From our office in Florida, our attorneys are able to help clients across the U.S. resolve their credit report issues.