DEBT COLLECTORS’ NEW CREDIT REPORTING POLICY SHORTENS TIME FOR NEGATIVE CREDIT INFORMATION

Debt Collectors' New Credit Reporting Policy Shortens Time for Negative Credit Information on Consumers' Credit Reports Encore Capital Group, Inc. announced a change in its credit reporting policies for consumers.  Encore's subsidiaries include: Midland Credit Management; Midland Funding, Asset Acceptance; Atlantic Credit & Finance. According to the Encore press release, "A significant challenge with current [...]

CFPB KEEPS ENFORCEMENT POWER

The U.S. Court of Appeals for the District Court of Columbia held the Consumer Financial Protection Bureau (CFPB) can keep its powers.  On October 11, the court of Appeals held that while the CFPB's single director director removable only for cause structure is unconstitutional,  other portions of the statute authorizing the CFPB are constitutional.  In PHH Corp. [...]

How Do I Dispute Errors On My Credit Report?

How Do I Dispute Errors On My Credit Report? Consumers often contact The Adkins Firm and ask how do I dispute errors on my credit report?  We suggest consumers make disputes to the credit bureaus, including Equifax, Experian and Trans Union, in writing and by certified mail.  Consumers should keep a copy of their signed [...]

ADKINS FIRM CELEBRATES 1 YEAR ANNIVERSARY – ID THEFT ADVOCATE

ADKINS FIRM CELEBRATES 1 YEAR ANNIVERSARY The Adkins Firm is celebrating its one year anniversary.  The Adkins Firm represents identity theft victims and consumer with credit or background report errors under the Fair Credit Reporting Act (FCRA).  The FCRA requires consumer reporting agencies and creditors and employers to comply with federal law, including reasonable investigations [...]

HOW DO I GET MY FREE CREDIT REPORT?

How do I get my free credit report? The Fair Credit reporting Act (FCRA) is a federal law that gives consumers rights, including the right to a free credit report every 12 months.  Consumers may order free reports from the nationwide consumer reporting agencies, including Equifax, Experian and Trans Union, by mail, phone or online. [...]