Protecting Consumer Rights - Presented By SmithMarco, P.C.
SmithMarco, P.C. is a private law firm dedicated to representing consumers and protecting their rights. Managing partners Larry Smith and David Marco have been practicing consumer protection for over 35 years combined, and have successfully defended consumers in thousands of cases. They are experienced debt collection practices act attorneys and credit report and background dispute lawyers who can ensure that your rights are protected, debt collector harassment stops, and that credit and background report errors are corrected depending on your needs.
If you feel your rights have been violated in regards to debt collection, credit report errors, background check errors, consumer fraud, or lemon laws, please do not hesitate to contact us for a free case review or give us a call at 888-822-1777.
Recent Protecting Consumer Rights Blog Posts
Despite what you have been told, a credit card can actually help build your credit. If you are committed to making timely payments every month and keeping your balances fairly low or non-existent, a credit card can successfully build your credit over time. It can lead to better credit offers and more favorable terms with higher limits.More >
Your credit can impact just about everything in your daily life. It can impact the type of car you are able to purchase, the type of home you can buy and the type of job you are able to get. Most lenders base their decision to extend you credit and at what rate on your credit score. Further complicating matters, not all lenders look at the same score and use different credit scoring models to make a decision about your credit worthiness. As discussed in previous blogs, a credit score is what results when your credit report is run through a mathematical equation – or algorithm – and a numerical value is the result. Most consumers don’t know that there are a large number of different algorithms used depending upon the industry.More >
Looking for a job today can be stressful with all of the competition for employment... The thought of a potential employer reviewing your credit report can add to your stress level. Under the Fair Credit Reporting Act (“FCRA”), the federal statute enacted to protect consumers from unfair credit reporting, employers are permitted to review an employee’s or job applicant’s credit report with specific limitations set forth under the law. While an employer is allowed to take a look into your financial history, it is not allowed to violate the law. Over the years several myths have been created about what an employer can and cannot do.More >
If you don’t understand the difference between a credit report and a credit score, you are not alone. While both are a measure of your financial well-being, your credit report is a history report of how you have handled your debts, both past and present, and your score assigns a number to that history. Financial experts compare your credit report and credit score to a report card and grade point average. The report card shows your classes and assigns a grade to each class based on your performance, and the grade point average takes your grades and calculates a number.More >
Reading and understanding your credit report can be a little confusing. Credit reports are filled with all kinds of information and there are multiple versions. Knowing how to read and understand your report is essential to your well-being…getting loan approval, credit cards, utilities and finding employment. An easy way to understand your report is to know the truths about credit reporting.More >
Federal Courts have declared that furnishers of information must conduct a reasonable investigation into a consumer dispute, just as is required of the credit reporting agencies. In Hinkle v. Midland Credit Management, Inc. the plaintiff sued the collection agency for failing to conduct a reasonable investigation into her dispute regarding its accounts on her credit report.More >
When dealing with a debt collector you need to be one step ahead of the collector at all times. As one owing a debt the biggest mistake you can make is not knowing your rights and the law. Awareness is key to not getting taken advantage of. The following is a list of the top five mistakes you can make when involved with a debt collector. More >
When one files for bankruptcy protection, they are often concerned about certain debts being included. What happens with the car? The house? There are some things one may want to continue to pay for. We welcome our guest blogger, Robert Glantz, from the Midewest Bankruptcy Attorneys office. Rob has over 26 years of experience in all aspects of bankruptcy. We are thrilled to have his knowledge and insight on this subject. Read on...More >
As a responsible consumer, you pull your credit report on an annual basis. You receive the report in the mail and you sit down with a fine tooth comb to review the information. The only problem, you don’t know how to read it or what you are looking for. Reading a credit report can be confusing to a consumer but it does not have to be. Here is a simple explanation of how to read your report and what to look for so you don’t get overwhelmed. More >