Consumer Law

New Article On The Requirement Of Disputing Directly With Credit Reporting Agencies When You Have False Information On Credit Reports

By M. Stan Herring

Getting rid of credit report errors is critical - particularly given our economy right now. If you have a negative account this could cause your credit card companies to slash your available credit or even close out your account. If the negative account is in error and should not be on your report, this can be particularly frustrating.

One thing we see over and over is clients who have "disputed" directly with the furnisher of the false information and they have not disputed with the credit reporting agencies (Equifax, Experian, Trans Union, etc). This is a fatal flaw if you intend on suing under the Fair Credit Reporting Act (FCRA).

We recently wrote an article on our website "Alabama Consumer" that explains why you must dispute through the credit reporting agencies. We hope this is helpful to you. Remember to send your disputes by certified mail, return receipt requested.

Please contact us if you have questions about credit reporting errors or how to go about disputing false information on your credit reports.

Full post as published by Alabama Consumer Blog on April 29, 2009 (boomark / email).