A San Diego has been accused of “skimming” personal identifying information (PII) from bank customers’ ATM cards. According to authorities, a skimmer was placed on a bank door and allowed an identity thief to take thousands of ATM users’ personal identifying numbers (PINs). The alleged identity thief, Daniel Axinte, was charged with over 40 counts [...]
Posts Tagged ‘credit’
DOES MY LENDER GET THE SAME CREDIT SCORE I GET?
Posted: July 22, 2011 by administrator in CREDIT DISPUTES, FCRATags: alabama, allen, Atlanta, attorney, birmingham, cfpb, consumer financial protection bureau, credit, CREDIT DISPUTE, credit error, CREDIT REPORT, CREDIT SCORE, Dallas, EQUIFAX, EXPERIAN, Florida, frisco, GEORGIA, huntsville, jackson, Jacksonville, law, lawyer, lender, McKinney, Memphis, mississippi, mobile, montgomery, nashville, Orlando, pensacola, Plano, Richardson, tallahassee, Tennessee, TEXAS, Trans Union, Tuscaloosa
Consumers have the right to request (for a fee) their credit score from the three nationwide consumer reporting agencies, Equifax, Experian and Trans Union. Is the credit score consumers receives the same score provided to lenders? No, according to a recent Consumer Financial Protection Bureau (CFPB) report. In its July 20, 2011 report, the CFPB [...]
TELETRACK TO PAY $1.8 MILLION TO SETTLE FCRA CLAIMS
Posted: July 21, 2011 by administrator in CONSUMER FRAUD, CREDIT DISPUTES, FCRATags: Adverse Action, alabama, annualcreditreport, Atlanta, attorney, birmingham, breach notification, consumer, consumer disclosure, credit, CREDIT REPORT, Dallas, dispute, EQUIFAX, error, EXPERIAN, fair credit reporting act, FCRA, Florida, FRAUD, free report, GEORGIA, huntsville, id fraud, id theft, identity, Jacksonville, law, lawsuit, lawyer, Memphis, mobile, nashville, Orlando, Panama City, pensacola, permissible purpose, permissible use, tallahassee, Teletrack, Tennessee, TEXAS, THEFT, Trans Union, Tuscaloosa
Teletrack, Inc. has agreed to pay $1.8 million to settle Federal Trade Commission’s (FTC) charges that it violated the Fair Credit Reporting Act (FCRA). The FTC alleged Teletrack sold consumers’ credit reports to marketers without a permissible purpose. According to the FTC complaint, Teletrack sold consumer credit reports to payday lenders, rental stores, and sub-prime [...]
I RECEIVED A BREACH NOTIFICATION LETTER – WHAT NEXT?
Posted: July 11, 2011 by administrator in CREDIT DISPUTES, DATA BREACHES & DATA LOSS, FCRA, IDENTITY THEFTTags: Adverse Action, alabama, Atlanta, attorney, birmingham, breach, breach notification, credit, CREDIT SCORE, Dallas, data, dispute, fair credit reporting act, FCRA, Federal Trade Commission, Florida, FRAUD, FTC, GEORGIA, huntsville, id fraud, identity, inaccurate, Jacksonville, law, lawsuit, lawyer, MEDICAL CENTER, Memphis, mobile, montgomery, nashville, Orlando, Panama City, PATIENT, pensacola, privacy, report, RIGHTS, tallahassee, Tennessee, TEXAS, THEFT, TROY, Tuscaloosa
Consumers receive breach notification letters (and e-mails) all the time, but do you know what you should do if you receive a breach notification? Chances are, if you live in one of the 46 states with a breach notification law, you have received a notice that your personal identifying information may have been lost or [...]
DODD FRANK RISK BASED PRICING RULE FINALIZED
Posted: July 9, 2011 by administrator in CREDIT DISPUTES, FCRATags: Adverse Action, alabama, Atlanta, attorney, birmingham, credit, CREDIT SCORE, Dallas, dispute, dodd frank, fair credit reporting act, FCRA, Federal Trade Commission, Florida, FRAUD, FTC, GEORGIA, huntsville, inaccurate, Jacksonville, law, lawsuit, lawyer, Memphis, mobile, montgomery, nashville, Orlando, Panama City, pensacola, report, risk, risk based pricing, tallahassee, Tennessee, TEXAS, Tuscaloosa
The Federal Trade Commission and the Federal Reserve Board have finalized changes to the proposed Risk Based Pricing Rule. The Final Rule requires creditors to provide consumers with their credit score when the consumer’s credit score is used to determine credit terms. What is risk based pricing? Risk based pricing is “the practice of setting [...]