Patton & Dean, LLC
Fair Credit Reporting Act (FCRA)
Fair Credit Reporting Act (FCRA)
Get Answers from Our Kansas City Consumer Protection Attorneys
Your credit report is a foundational document. As a profile of your financial responsibility and creditworthiness, it effectively serves as a “report card” that can open or close doors to financial opportunities. Businesses, banks, mortgage companies, and other lenders will rely on your credit report when offering (or declining) certain financial services.
You Have Important Legal Protections
Because credit reports have such a far-reaching impact on financial matters, Congress enacted the Fair Credit Reporting Act (FCRA) in 1970 to safeguard consumers like you. This complex law gives you numerous important protections.
For example:
- You have the right to review your credit report. Without access to your credit report, it is impossible to identify and fix errors. The three major credit reporting agencies must provide you with a free copy of your report once every 12 months. All you have to do is ask.
- You have the right to dispute inaccuracies and unverified information in your credit report. You shouldn’t have to suffer negative consequences as a result of errors in your credit report. Federal law gives you the right to dispute not only inaccuracies but also any information that cannot be objectively verified. From a practical standpoint, however, successfully pursuing a dispute can be difficult. At Patton & Dean, LLC, our lawyers can step in and work on your behalf to clean up any information that should not be there. We are not afraid to stand up to large credit reporting agencies.
- You have the right to dispute out-of-date information in your credit report. Financial missteps in the past will not haunt you forever. Negative credit information must be removed from your report after a certain amount of time. If the reporting agency fails to comply with this important protection, you may file a dispute.
- Only those with a legitimate purpose can access your credit report. Your credit report contains detailed personal information about your financial history, employment, and other sensitive matters. In the wrong hands, this information can lead to identity theft. Fortunately, the law restricts who can access your credit report, and under what circumstances.
If you have questions about the Fair Credit Reporting Act, contact Patton & Dean, LLC today. Our Kansas City attorneys have the experience and insight you need.
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Past Clients Tell Their Stories
At Patton & Dean, LLC, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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“Ryan and David both were very personable as well as professional.”Deana
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This team of attorneys has gone out of their way to help me. I am impressed and thankful for all they have done for me.Jeffery B.
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Very grateful. Ryan and his team were very helpful. Thanks to them I was able to keep everything I needed. Very knowledgeable and professional. Thanks Thanks ThanksCarlos I.
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Great service! Ryan Patton was very professional and helpful! Very responsive on my questions! Would definitely refer their firm!Traci V.
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Ryan Patton represented me in my Chapter 13 submission. Given the results, which were far better than I had hoped, his feedback, guidance, recommendations and ultimate submission were outstanding.. His professionalism and value added exceeded my expectations! Do not try a bankruptcy submission without a top notch attorney like Ryan!Larry H.
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I had a hard time coming to the decision to file bankruptcy, Ryan made it painless and was very patient with all of my questions. Very professional.Debra B.
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Ryan was recommended by my parents and has made this process as easy as it can be and has made sure I understood everything every step of the way. This is the second time I have dealt with Ryan and would definitely recommend him to anyone!Terri O.
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Ryan P. was amazing to work with, he was always available every time I needed him. Any question I needed answered or explained more, he was always there. I would highly recommend him to anyone needing his service. I couldn't ask for a better person to help me through this process.Amber M.
