It’s Business, And It’s Personal

Fighting for client protection under Fair Credit Reporting Act

On Behalf of | Mar 1, 2021 | Consumer Protection |

While many of us have been stuck at home, we have become more aware of our credit and monitoring it. But, what many may not know is that the Fair Credit Reporting Act protects us from unfair and inaccurate consumer reporting, and our firm fights to ensure that our clients’ rights are protected under the FCRA. And, our consumer protection attorneys are here to help our clients get relief under the FCRA.

FCRA overview

Essentially, the FCRA was enacted to ensure that everyone has a fair, accurate and private consumer credit profile. Those companies that fail to live up to these requirements face still penalties that include statutory damages, actual damages and, in sometimes, punitive damages. Indeed, at Britton Law we have gotten settlements for over $100,000 from several large consumer credit profile agencies. These companies have a duty to fix errors on our client’s credit, and we fight to make sure they do and that our client’s are compensated for these companies’ errors.

Examples of FCRA issues

As stated before, the primary responsibilities include fair, accurate and private consumer credit profiles. This means the companies that maintain consumer credit profiles must have investigatory procedures in place to ensure accuracy. It also means they must have restrictions on access, and restrictions on what can be reported and for how long.

Who does the FCRA cover?

Of course, the most common ones are the consumer reporting agencies, like Experian, Equifax and TransUnion. However, even credit furnishers, like those companies that simply provide information to those consumer reporting agencies (i.e., creditors, landlord-tenant screening companies, employment screening companies, etc.) are also liable under the act. This means that errors on one’s credit reports can mean liability not just for the credit reporting agencies themselves, but also the creditors that incorrectly reported that information.

We protect our clients

At Britton Law, our Fayetteville, North Carolina, consumer protection attorneys are here to help. We routinely file lawsuits against debt collectors, collection agencies, creditors, finance companies, and of course, consumer credit reporting agencies. We have over 20 years of experience fighting for our clients, and we take FCRA cases on contingency. This means that our clients pay nothing unless we recover, and even our consultations are free.