FCRA CASE LAW UPDATE – NO THIRD PARTY DISCLOSURE REQUIRED UNDER 1681e(b) IN 9TH CIRCUIT – Equifax’s Motion for Partial Judgment Denied

Equifax’s Motion for Partial Judgment on the Pleadings Denied In Brooks v. Equifax, the court denied Equifax’s Motion for Partial Judgment on the Pleadings.  In her complaint, plaintiff alleged she settled an account with Wells Fargo, but Equifax did not update her credit report to show that no balance was owed on the account.  About [...]

CREDIT REPORT ERRORS – PUBLIC RECORD ERRORS – PAID JUDGMENTS & LIENS

Do you have errors on a credit report or background report? We help consumers with false information on credit reports and background reports. Call 800-263-9091 24/7 for free case review.

COURT GRANTS SUMMARY JUDGMENT UNDER FCRA FOR QUICKEN

Kingery v. Quicken Loans (S.D. West Virginia, Charleston Division) Date of Opinion: June 04, 2014 Facts: Plaintiff sent a loan inquiry in April 2010 to MortgageLoans.com who identified Quicken Loans, among others, as a potential lender. Quicken uses a software for their inquiry process, Loan Origination and Lead Allocation “LOLA”, to track, deliver and find [...]

HOW DO I DISPUTE CREDIT REPORT ERRORS?

Do you have credit report errors?  We represent consumers with credit report problems.  Credit report errors can be a result of identity theft.  Credit report errors can also be a result of a consumer reporting agency's failure to assure the maximum accuracy of consumers' credit reports. The most common consumer complaints we hear include: (1) Identity theft - inaccurate [...]

ID THEFT NEWS: WEEKLY UPDATE

Fair Credit Reporting Act Lawyers Help Identity Theft Victims Over 12 million people an identity theft victim every year.  Identity theft changes lives forever!   Victims may not even know their identity has been stolen until they receive phone calls from debt collectors for debts they do not owe.  Others may discover they are an identity [...]

HOW MUCH MONEY DOES EQUIFAX’S CEO MAKE?

How much money does the Equifax chief executive officer make a year? According to Forbes, Equifax's Chairman and Chief Executive, Richard Smith, made over $11 million in 2011.  Equifax compensated Smith as follows in 2011: $1,450,000  Salary $2,940,530  Stock Awards $1,891,062  Option awards $2,310,627  Non-equity incentive plan $2,323,000  Change in pension value & nonqualified deferred [...]

IDENTITY THEFT RIGHTS & THE FAIR CREDIT REPORTING ACT

Consumers have identity theft rights under the Fair Credit Reporting Act.  Under the Fair Credit Reporting Act, consumers have the right to request their free credit report if they have reason to believe they are a victim of fraud or identity theft. The right to a free report due to identity theft is in addition [...]

SOUTH CAROLINA MAN SPENDS 2 YEARS TRYING TO CORRECT EQUIFAX CREDIT REPORT

A South Carolina man, Mike St. Peter, has fought Equifax for years to correct his credit report.  The problem started when Mr. St. Peter discovered a mortgage balance on his Equifax report that never changed – despite making his mortgage payments.  He signed up for a credit monitoring program and saw his mortgage balance staying [...]

CONSUMERS COMPLAIN TO FTC THAT THEY ARE UNABLE TO GET FREE CREDIT REPORTS

Are you unable to get your free credit report from Equifax, Experian or Trans Union?  Consumers often contact us and complain that they are unable to get their free credit report from credit reporting agencies, such as Experian, Equifax or Trans Union.   In fact, the Federal Trade Commission received 472 consumer complaints from November 25, [...]

WISH LIST FOR CFPB’S DIRECTOR CORDRAY

But even a small percentage of errors can affect millions. The CFPB should assure that reports are accurate and errors easily fixed. Credit bureaus now generally have 30 days to investigate a complaint. They also must forward "all relevant information" to the creditor that furnished the disputed material. But the National Consumer Law Center in [...]