INACCURATE ACCOUNT INFORMATION CREDIT REPORTING

At R23 Law, we specialize in protecting consumers from credit reporting issues relating to inaccurate account information reporting.

Your credit report is a measure of your financial responsibility, impacting more than just loan approvals. It can affect your ability to secure housing, employment, and job-related security clearances. Ensuring its accuracy is crucial, yet errors and fraud are common and difficult to fix. At R23 Law, our attorneys can help you correct mistakes on your credit report and enforce your rights under laws like the Fair Credit Reporting Act (FCRA) and the California Rosenthal Act.

Employing our legal expertise, we can help you pursue remedies including financial compensation for statutory and punitive damages, and ensure total credit repair. Contact us today to protect your financial future and ensure your credit report reflects your true creditworthiness.

Schedule Free Attorney Consultation

Errors on your credit report can derail your life, but you have the power to fix them. The Fair Credit Reporting Act (FCRA) and California's Rosenthal Fair Debt Collection Practices Act (Rosenthal Act) provide a path to correct inaccuracies.

With the right California Credit Reporting Dispute Attorney, you can secure a brighter financial future. Contact an experienced inaccurate account information disputes attorney at R23 Law to learn more about your options and how we can assist you.

Addressing Inaccurate Account Information Disputes

Inaccurate credit information is a common issue that can significantly affect your life. A Federal Trade Commission study found that one in five people has an error on at least one of their credit reports. Knowing your rights under the FCRA and Rosenthal Act and taking action to correct these inaccuracies is essential.

Common Types of Credit Report Errors

Errors on credit reports can take many forms, including:

Personal Information: Incorrect name, phone number, or address; accounts belonging to someone with a similar name; identity theft-related errors.
Account Status: Closed accounts reported as open; incorrect account ownership; inaccurately reported late or delinquent accounts; errors in payment dates; duplicate debts.
Balance Errors: Incorrect current balance or credit limit.
Data Management Errors: Reinserted incorrect information; accounts appearing multiple times with different creditors listed.

Who Are the Credit Bureaus?

The three main credit bureaus are:

Equifax: P.O. Box 740256, Atlanta, GA 30374
Experian: P.O. Box 4500, Allen, TX 75013
TransUnion: P.O. Box 2000, Chester, PA 19016

There are also numerous specialty bureaus, like ChexSystems for checking accounts and RentBureau for rent payments, which can also hold inaccurate information.

Disputing Inaccurate Credit Report Information

To correct errors, dispute inaccuracies with both the furnisher (e.g., bank or debt collector) and the credit bureau. Disputes can be submitted online, by phone, or through the mail. Providing detailed evidence supporting your claim, such as billing statements and bank records, is crucial.

The Role of an Attorney

While you can dispute errors yourself, having an experienced attorney can be beneficial, especially if multiple defendants are involved. Consumer protection attorneys can guide you through the complex dispute process, represent you in court if necessary, and often work on a contingency basis, meaning you pay no upfront fees. The Rosenthal Act offers additional protections, ensuring fair treatment and providing avenues for seeking compensation for violations.

Legal Deadlines

The FCRA requires disputes to be resolved promptly. You have up to two years from discovering a violation, or five years from when it occurred, to file a lawsuit. Under the Rosenthal Act, consumers typically have one year from the date of the violation to bring a legal claim. Acting quickly is essential to protect your rights.

R23 Law's Expertise

R23 Law specializes in handling credit report inaccuracies. Our attorneys are experienced in navigating federal and state laws, including the California Consumer Credit Reporting Agencies Act and the Rosenthal Act, to help you correct errors and secure compensation for any damages suffered. We ensure a thorough investigation and the best possible outcome for your case.

Contact R23 Law

For any questions about inaccurate account information disputes or if you need to correct your credit report, contact R23 Law today to schedule your free initial consultation. Our experienced attorneys are ready to help you navigate this challenging process and achieve a positive resolution.