When Creditors Violate Credit Reporting Rights
A bad mark on your credit report can hamper you in a number of ways. Under the federal Fair Credit Reporting Act (FCRA), both the credit bureau and the information provider (that is, the person, company, or organization that provides information about you to a consumer reporting agency) are responsible for correcting inaccurate or incomplete information in your credit report. When they fail to do so, it could impact your ability to restore your credit and obtain new lines of credit.
If your creditor has failed to accurately report your credit status, the attorneys at Ledford & Wu can help protect your rights. We have extensive experience litigating against debt collectors and creditors for clients throughout Chicago and the surrounding suburbs.
Has your credit been unfairly reported? Contact a Chicago lawyer by e-mail or call 888-542-1900 for a free consultation at any of our ten office locations. Our Chicago fair credit reporting litigation attorneys are here to help.
Illinois FCRA Attorneys
Any change in your credit status must be accurately reported by your creditors. If you have paid a debt in full, settled a debt, or had a debt discharged through bankruptcy, your creditor is required by law to update your status. The creditor must also notify all three nationwide credit bureaus so they can correct the information in your file.
Many times, creditors fail to do so simply because it causes them extra work. Such an oversight can cause significant financial harm to the person whose credit report they are failing to update. Bringing legal action against a creditor in such an instance is a way to compel them to fix your report as well as pursue compensation for the financial harm you have suffered due to their inaction.
If you have been treated unfairly by your creditor or by a credit bureau, our attorneys are prepared to assert your rights in the legal system.
Contact Us
Contact our law offices online or call 888-542-1900 to speak with an experienced Illinois consumer protection lawyer. We are ready to help.
