There are many consequences to having bad credit. You can be denied housing or loans, harassed by creditors, and suffer financial blowback that you didn’t intend. If you have an issue on your credit report due to no fault of your own, you need to have it repaired as soon as possible or begin reaping the consequences.
If you don’t know where to start, the Huntington Beach credit repair lawyers of Loker Law have your back. We will help you dispute errors, negotiate with creditors, and help you recover your finances. Reach out to schedule a free initial consultation and learn more about how we can help you protect yourself from credit report errors and the debt harassment that comes along with them!
What Is Credit Repair And Why Do I Need It?
When you monitor your credit, you might pick up on issues that you can’t identify with your own activity. You might begin to suspect a mistake has been made, and you might even be right–creditor reporting errors happen more frequently than you think!
Are credit errors a big deal? They can certainly impact your financial life and bar you from loans and housing, so from that perspective they most certainly are a big deal. However, are all credit reporting errors the same? Some might be bigger or smaller, but they can all cause issues.
Some common issues with credit reports include:
- Identity theft: If your identity has been stolen, you might have lost money due to false transactions or taken on debt due to credit cards or loans you didn’t authorize. In the technological age, there are so many ways that your identity can be stolen, from form jacking to middle man scams to phishing to card skimming to mail theft and more! If a thief steals your identity, they can take out loans and credit cards in your name and leave you to deal with the consequences, including debt harassment by collections agencies.When you work with our Huntington Beach credit repair lawyers, we will help you make the right moves to reclaim your identity and bring the perpetrators to justice. We will also help you with steps such as reporting the theft to the major credit bureaus, reviewing your credit score, disputing false charges, and collecting evidence against the thieves.
- Mistakes: Even in the technological age, mistakes still happen, and they can have huge ramifications for your credit report. If you spot a mistake on your credit report, Loker Law can help you contact the credit reporting companies in order to get it resolved.
- Debt harassment: If you have errors on your credit report or if your identity has been stolen, you might find yourself being harassed by debt collectors. It is illegal for debt collectors to harass or threaten you. We can help you curb their behavior and settle with them to dismiss debts.
How Our Huntington Beach Credit Repair Lawyers Can Help
When you work with us, we take on the headache of credit repair. There are many aspects to credit repair that you simply don’t have time for, but we know how to take care of it all!
- We keep track of your credit report to check for mistakes or signs of fraud
- We help you correct any inaccuracies we find
- We help you settle your debts by negotiating with creditors
- We represent you in court to fight fraud
- We contact credit bureaus on your behalf
- We help you file police reports
- We put freezes on your credit
- And more!
Loker Law Is On Your Side
If you find yourself facing credit reporting errors, we want to help. We are exclusively dedicated to this area of law, so we have the knowledge and experience to help you through these trials. For peace of mind and help with your financial legal issues, reach out for a free consultation.
Frequently Asked Questions
Will paying off my debt immediately improve my credit score?
First of all, paying off your debt is always in your best interest. That being said, you might not immediately see the beneficial change in your credit score. In some cases, you might lose points for paying off all your debt. However, in the long run, you will see a marked improvement.
Should I close my credit card accounts to improve my credit score?
No! Open lines of credit help improve your score, and closing long-standing accounts might hurt you in the long run.
What are the most common credit reporting errors?
Some of the most common credit reporting errors include the inclusion of inaccurate accounts, mistakes on your personal information, and incorrect balances, credit limits, and other account information.
