It often seems like credit bureaus intend to make credit reports as confusing and overwhelming as possible. Many are 50 or more pages long. In that case, it should be no surprise that it is not uncommon for them to contain errors and inaccurate information. This is more than annoying, it can be disastrous to your financial well-being. If you have found discrepancies in your credit report, please read on, then contact an experienced California credit report lawyer to learn what you should do about an inaccurate credit report in California.
How do you know you have an inaccurate credit report?
You should pore over your credit report, which will be composed in the following fashion:
- A summary of your personal information, i.e. name, addresses, telephone numbers, date of birth, social security number and employers
- Reports on specific accounts, also called tradelines, each of which will have an introductory section providing the name of the company, truncated account number, status, balances and scheduled payments.
- A detailed payment history comprised of shorthand codes
If you find any discrepancies among that information, you will need to find the address for the furnisher within the tradeline and provide them with an explicit dispute corroborated by supporting documents. If you fail to do so, the furnisher will not update the mark.
How can a California consumer lawyer help you?
If you have suffered as a result of an inaccurate credit report, especially one you have unsuccessfully tried to fix, you should reach out to a skilled Arroyo Grande consumer lawyer who will have the requisite time and expertise to mount a successful lawsuit. Not only can you sue for actual damages, i.e. pecuniary loss or emotional distress, but a qualified legal representative will argue for attorneys’ fees and costs as well as punitive damages. Punitive damages are meant to punish the defendant and send a strong warning to other bad actors. Don’t let credit bureaus get away with besmirching your good character. Call us today.
Contact a California Consumer Lawyer
If you are facing any sort of consumer-related issue, such as one involving identity theft, a credit report dispute, or you need a debt collection defense attorney to fight for you, our firm is ready to help. Contact Loker Law, APC today to schedule your initial consultation with our experienced legal team.