Do I have the right to order a free credit report?

Do I have the right to order a free credit report? The federal Fair Credit Reporting Act promotes the accuracy of credit reports and the privacy of personal information.  Under federal law, consumers have the right to get a free credit report once every 12 months.   This is called a free annual credit report.  Consumers are also entitled to free … Continue reading Do I have the right to order a free credit report?

CONSUMERS REPORT ISSUES WITH EQUIFAX CREDIT LOCK APP

ID Theft Attorney Tips for Identity Theft Victims. Credit Lock vs. Credit Freeze.

BREAKING ID THEFT NEWS – JASON’S DELI ANNOUNCES DATA BREACH

JASON'S DELI ANNOUNCES DATA BREACH According to Patch.com, the restaurant chain announced today that it received notice from payment processors that Jason's Deli customers had "a large quantity of payment card information for sale on the "dark web'". At this time, it is unknown how many stores or customers are included or affected by the … Continue reading BREAKING ID THEFT NEWS – JASON’S DELI ANNOUNCES DATA BREACH

NEW LENDING GUIDELINES FOR CONSUMERS WHO HAVE A CREDIT FREEZE

Nashville ID Theft Attorney helps identity theft victims. Consumers may get approved for mortgage even with credit freeze.

STORE MANAGER CHARGED WITH ID THEFT FOR USING CUSTOMERS’ SOCIAL SECURITY NUMBERS TO OPEN ACCOUNTS

According to The Columbus Telegram,  43-year-old Michael Schnelle has been charged with identity theft and related theft crimes. Schnelle, a manager of a rent to own store in Columbus, Nebraska, allegedly opened fraudulent accounts using customers' social security numbers and fake names. According to law enforcement, over $250,000 was charged on fraudulent accounts. Identity theft is … Continue reading STORE MANAGER CHARGED WITH ID THEFT FOR USING CUSTOMERS’ SOCIAL SECURITY NUMBERS TO OPEN ACCOUNTS

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

OCWEN’S MOTION TO DISMISS FCRA CLAIMS DENIED

Owen's Motion to Dismiss FCRA Claims Denied A federal court denied Owen's Motion to Dismiss the plaintiff's claims under the Fair Credit Reporting Act (FCRA). Polvorosa v. Allied Collection Services, et al, U.S.D.C Nev. Jan. 3, 2017 Facts:  The plaintiff Polvorosa, alleged that the defendants violated the Fair Credit Reporting Act (FCRA).  In 2011, the … Continue reading OCWEN’S MOTION TO DISMISS FCRA CLAIMS DENIED

CFPB TAKES ACTION AGAINST EQUIFAX AND TRANS UNION CREDIT BUREAUS

The Consumer Financial Protection Bureau (CFPB) took action against Equifax, Trans Union and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores sold to consumers.  According to the CFPB papers, Equifax and Trans Union also lured consumers into costly recurring payments for credit related products with false promises. The CFPB ordered … Continue reading CFPB TAKES ACTION AGAINST EQUIFAX AND TRANS UNION CREDIT BUREAUS

Court Denies RentGrow’s Motion to Dismiss Under Spokeo

In a recent decision, a district court denied a user's motion to dismiss citing Spokeo under the Fair Credit Reporting Act ("FCRA"). Green, III v. Rentgrow, Inc. and Trans Union, LLC, Case No.: 2:16-cv-421 (E.D. Va, Nov. 10, 2016). Facts:  Walter Green, III, received a credit monitoring alert that RentGrow obtained a copy of his … Continue reading Court Denies RentGrow’s Motion to Dismiss Under Spokeo

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. … Continue reading CFPB KEEPS ENFORCEMENT POWER