SHAUNFIELD v. EXPERIAN INFORMATION SOLUTIONS, INC. (N.D. Texas, Dallas Division, Dec. 2013) John Shaunfield sued Experian, Radiology Associates of North Texas, American Honda Finance Corp., and Credit Systems International under the Fair Credit Reporting Act (FCRA) and various state law claims. Shaunfield alleged Experian violated the FCRA when it provided companies with two different credit reports under his name. One of … Continue reading Shaunfield v. Experian
Under federal law, consumers have a right to a free credit report. The Fair Credit Reporting Act (FCRA) gives consumers the right to order a free credit under a number of different circumstances from the 3 nationwide consumer reporting agencies, Equifax, Experian and Trans Union. Most recently, in 2004, and for the first time, consumers were given … Continue reading HOW DO I ORDER MY FREE CREDIT REPORT?
Fair Credit Reporting Act Lawyers Help Identity Theft Victims Fair Credit Reporting Act (FCRA) lawyers help consumers with credit report errors. FCRA lawyers also help victims of identity theft. Over 12 million people become identity theft victims every year. ID theft victims may discover they are a victim when they receive collection calls for debts they do … Continue reading ID THEFT NEWS – WEEKLY UPDATE
Is Bank of America's identity theft protection plan a scam? A federal investigation is underway to determine if Bank of America gave customers what they paid for when they purchased identity theft protection but did not receive the services from Bank of America's vendors. The federal government wants to know if the identity theft protection … Continue reading BANK OF AMERICA ID THEFT PROTECTION A SCAM?
Responding to charges by the Federal Trade Commission, a U.S. district court has found a credit repair operation in contempt for violating a previous court order that required the defendants to stop promoting bogus credit repair products and services to consumers. The court ordered the defendants to pay $6.4 million to the FTC within 30 … Continue reading DISTRICT COURT FINES CREDIT REPAIR COMPANY $6.4 MILLION
HAVE YOU DISCOVERED A CREDIT REPORT ERROR? Make a complaint to the Better Business Bureau. The Better Business Bureau (BBB) recommends consumers request their free credit report from the central source and avoid using some deceptive advertisements that offer “free” credit reports, credit scores or credit monitoring services. According to the BBB, “Pulling your credit report on a … Continue reading CREDIT REPORT ERRORS? COMPLAIN TO THE BBB
In October 2007, the Federal Banking Agencies - Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve Board (the Board), Federal Deposit Insurance Corporation (FDIC), Office of Thrift Supervision (OTS), and National Credit Union Administration (NCUA) along with the Federal Trade Commission (FTC), jointly issued final rules on identity … Continue reading WHAT ARE RED FLAGS FOR IDENTITY THEFT?
Two people were indicted on charges of identity theft in Birmingham, Alabama. One woman, Mariana Biserova Pashova and Antonio Velikov were charged with two counts of conspiracy and attempt to defraud Regions Bank. The two allegedly attempted to attach a debit card skimming device to an ATM machine. According to court records, when the two were arrested, authorities … Continue reading BIRMINGHAM ALABAMA – TWO INDICTED ON IDENTITY THEFT CHARGES BY FEDERAL GRAND JURY
The long-delayed start of a new consumer protection bureau took a major step forward Wednesday when the White House defied Congressional Republicans who had been holding out for changes that consumer advocates say would have substantially weakened the agency. President Barack Obama announced a recess appointment to name Richard Cordray as the nation's chief consumer … Continue reading CORDRAY APPOINTED – PRESIDENT SUPPORTS CONSUMER PROTECTION DESPITE REPUBLICAN OPPOSITION
Should you purchase identity theft monitoring? I am often asked by consumers if they should purchase an identity theft monitoring membership after they have discovered unauthorized charges, credit report errors or received a data breach notification letter. The answer is may surprise you. Generally, it is not necessary to purchase an identity theft monitoring membership … Continue reading SHOULD I BUY ID THEFT MONITORING?