It is both frustrating and frightening to notice inaccuracies in your credit report. Fortunately, you do have options, and Los Angeles Legal Solutions can help you explore those options. We are prepared to assist you with any disputes with your furnisher and credit reporting agency. Contact a knowledgeable California consumer lawyer from our firm to guide you through the inaccurate account information disputes process.
Common Inaccurate Account Information Disputes
According to the Consumer Financial Protection Bureau, the most common errors on credit reports include the following:
- Errors with personal information, such as wrong name, address, etc., accounts opened via identity theft, or even accounts in your name that belong to another person with the same name.
- Balance errors, such as incorrect credit limit or an incorrect balance altogether.
- Data management errors, such as corrected information being re-listed as previously incorrect information.
- Errors with reporting of accounts statuses, such as false reports of late payments, close accounts being reported as open accounts, and more.
How Los Angeles Legal Solutions Can Help
In some cases, an individual can correct these discrepancies on their own, however, attempting to do so incorrectly will likely only draw out the process or even hurt you further. In most cases, especially when dealing with inaccurate credit reporting claims, it’s best to simply retain the services of a knowledgeable attorney who can help you navigate the process, as you’ll often have to deal with multiple parties, including the furnisher, the Credit Bureau, and more. It’s also worth noting that in most cases, we can pursue your claim of inaccurate credit reporting on a contingency basis, meaning you won’t have to pay legal costs.
As with most legal matters, there is a statute of limitations in place when it comes to resolving credit reporting issues. In accordance with the Fair Credit Reporting Act, you are required to bring an action either within two years of the date you discovered the violation or five years of the date the violation occurred, whichever came first. The process can seem overwhelming for many, and because of this, they sometimes wait to take action. Don’t make this mistake. These problems only get more complicated as time goes on, and our firm is here to help you today.
Contact Our Consumer Attorney Today
If you need an inaccurate account information disputes lawyer you can depend on, you’ve come to the right place. Contact Los Angeles Legal Solutions today to schedule your free consultation with our skilled legal team. We’re prepared to fight for you and your financial future, every step of the way.