How Credit Report Mistakes Happen
Credit mistakes can happen for a variety of reason. Read more about possible remedies by following the links below:
- Chapter 7 bankruptcy
- Chapter 13 bankruptcy
- Creditor harassment and fair debt collection
- Dealing with foreclosure
- Handling garnishment
There are three main credit reporting agencies in the United States: TransUnion, Experian and Equifax. They are entrusted with the responsibility of keeping track of consumer credit ratings, but that doesn’t mean they’re perfect. Credit reporting agencies make mistakes every day.
If you have recently filed for bankruptcy, those mistakes could prevent you from being approved for new loans. As a follow-up service for bankruptcy clients, The Golden Law Group examines credit reports for inaccuracies 90 days after their debt has been discharged. When mistakes are found, the firm handles the credit report dispute free of charge.
If you are experiencing serious debt problems, an attorney at The Golden Law Group can help. Call (813) 489-1095 or contact the firm online to schedule a free initial consultation. A full-service consumer law firm, and one of the leading bankruptcy firms serving Florida, The Golden Law Group provides a wide range of debt relief options, including:
Often, credit reporting agencies don’t make timely updates, or they don’t receive the information they need to make updates. One common post-bankruptcy error these agencies often make is that they forget to remove an old debt from the credit report. When you apply for a loan, the potential lender will see the old debt, conclude that you are unable to take on a new one, and deny the loan.
The Golden Law Group handles credit report disputes by first sending a letter to request that the error be fixed. If that doesn’t work, they file a credit report lawsuit. If the client wins the credit report dispute, then the firm receives a fee from out of the settlement. If the lawsuit is not successful, you pay nothing.
If you would like to discuss a credit report dispute with a lawyer at The Golden Law Group, call today at (813) 489-1095 or contact the firm online to schedule a free consultation.