Consumer Law

Article Explaining The Five Benefits Of Suing Under The FCRA When You Have False Credit Reporting

By M. Stan Herring

In this article we explain five of the major benefits to suing under the Fair Credit Reporting Act (FCRA):

1. Forcing the credit reporting agencies to do the right thing and fix your credit reports;
2. Recover actual damages to compensate you for your losses;
3. Recover attorney fees from the credit reporting agencies and furnishers;
4. Recover punitive and statutory damages when you have faced intentional or reckless conduct; and
5. Let the bureaus and furnishers know that you will not be abused -- instead you will stand up for your rights.

We hope this article is helpful to you. We also have a FAQ on the FCRA that may answer some of your questions. But if you live in Alabama you can always pick up the phone and call us at 205-879-2447 or contact us through our website.

Full post as published by Alabama Consumer Blog on September 12, 2010 (boomark / email).