If your credit has been injured due to creditor harassment, contact the experienced Birmingham injury to credit score attorneys at [firm-name] today by calling [phone-number]. When your credit score is harmed because of creditor harassment, you may suffer significant financial harm. You may be denied lines of credit or may have to pay much higher interest rates. If your credit score has been injured because of creditor harassment or negligence, contact the highly-qualified Birmingham attorneys at [firm-name] right away. Give us a call at [phone-number] to schedule an appointment to discuss how we can help you.
Damage to your credit score can hurt you and your family in a variety of ways. It can mean that:
Creditors can sometimes play a role in hurting a consumer’s credit. However, creditors are subject to certain federal laws, such as the Fair Credit Reporting Act, that prohibit them from engaging in activities that result in hurting a consumer’s credit. The Fair Credit Reporting Act, or FCRA, is a federal law enacted to protect the privacy and ensure the accuracy of consumer information held and disseminated by creditors and credit reporting agencies. The law is intended to protect consumers from the willful or negligent inclusion of false information in a consumer’s credit report.
If a creditor provides false information to consumer reporting agencies, it not only injures the consumer’s credit but may also be a violation of the FCRA. Ways that creditors have been known to include false information include the following:
If a creditor provides false information about a consumer through a willful act or because they were negligent (e.g., mismanaging files, failing to differentiate between similar names, or mixing the personal and credit information of consumers) they may have violated the law and caused injury to the consumer’s credit.
Creditors and consumer reporting agencies also have a duty to keep a consumer’s information current. When a consumer’s information changes and a creditor or consumer reporting agency fails to account for these changes, they may have violated the Fair Credit Reporting Act. Some common instances of how a creditor violates the FCRA, include the following:
Reporting information that is out of date can hurt a consumer’s credit score and is a violation of the FCRA.
There are other actions or failures to act that a creditor can take that hurt a consumer’s credit score:
There are a number of ways in which a creditor may behave that can cause injury to a consumer’s credit score. Many of those same actions that injure credit may also be a violation of the law. Knowing if your rights have been violated by a creditor can be complicated. That’s why the experienced Birmingham consumer protection and injury to credit score attorneys at [firm-name] are here to help.
Injury to your credit score can have serious negative consequences for you and your family. Your lowered credit score may have occurred for reasons outside of your control or due to the wrongful or negligent actions of a creditor. If your credit score has been injured due to a creditor’s harassment, wrongdoing, or negligence, contact the Birmingham consumer protection attorneys of [firm-name] today by calling [phone-number].