Archive for credit reports
The New Consumer Financial Protection Bureau
Posted by: | CommentsIn July 2010, a new federal agency was created to help protect consumers. It is called The Consumer Financial Protection Bureau. The CFPB’s tasks include:
- Conducting rule-making, supervising, and enforcing Federal consumer financial protection laws
- Restricting unfair, deceptive, or abusive acts or practices
- Creating a center to take consumer complaints
- Promoting financial education
- Researching consumer behavior
- Monitoring financial markets for new risks to consumers
- Enforcing laws that outlaw discrimination and other unfair treatment in consumer finance.
While the CFPB is still gearing up its operations, it has launched a new website full of helpful information for consumers, including information regarding:
- Bank Accounts
- Budgeting
- Credit Cards
- Credit Counseling Agencies
- Credit Reports and Credit Scores
- Debt Collection
- Gift Cards
- Home Foreclosure
- Home Ownership
- Investments
- Student Education Loans
If you are facing a consumer law issue, there is help available! Contact our office for a free consultation with a knowledgable consumer law attorney today!
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Passive-Aggressive Debt Collection…Review Your Credit Reports on a Regular Basis!
Posted by: | CommentsIt is wise to review your credit report on a regular basis for a variety of reasons including to ensure accuracy of information, prevent or stop identity theft, and to keep tabs on what I like to call passive-aggressive debt collection. If you have unpaid consumer debts or debts that were discharged in bankruptcy you should be aware of this tactic. Even though you are not receiving harassing letters or phone calls, a debt collector may still be attempting to collect a debt by reporting it on your credit report. In many instances, the information provided to the credit reporting agencies (Experian, Equifax, TransUnion) is not accurate. This is especially true of debts discharged in bankruptcy.
I encourage you to visit www.annualcreditreport.com to order your FREE credit report. You are entitled to receive one free credit report from each of the credit reporting agencies per year. This is the free site…do not be fooled by commercial sites. If a website is asking you for a fee or to sign up for a service, it is not the FREE site. If you prefer to order your credit reports by phone or mail, the following will assist you:
To Request Your Credit Report by Phone
- Call 1-877-322-8228
- You will go through a simple verification process.
- Your reports will be mailed to you within fifteen (15) days.
To Request Your Credit Report by Mail
- Go to www.annualcreditreport.com and download the request form.
- Print and complete the form.
- Mail the completed form to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.
- Your reports will be mailed to you within fifteen (15) days.
If you receive your credit reports and have questions or concerns about any of the information contained in them, you should contact an experienced consumer attorney for advice and assistance.
(Copyright - Amy B. Good-Ashman 2008)
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