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
A lot of consumers call us up after being pursued by a debt collector and ask us whether they should try to make payments on the debt. The collector claims you owe the money, but you are just not sure. Maybe you paid it, or maybe you don’t recollect having such a debt. You check your credit report and it is not there. Should you make payment on a debt that is not reported on your credit file? To pay or not to pay? That is the question and the simple answer…..it depends.More >
The CFPB made a New Years Resolution in 2016 to crack down on debt collectors nationwide. The agency has been using the Fair Debt Collection Practices Act (“FDCPA”) in years past in its mission to target third-party debt collectors for mistreating consumer debtors during the collection process. But this year, the CFPB plans to also focus its effort on first-party collectors, or creditors, by relying on the Unfair Deceptive or Abusive Acts or Practices (“UDAAP”) to hold creditors responsible for conduct in violation of consumer rights during the collection process. More >
It may seem like an impossible feat, but boosting your score in the year to come does not have to be as difficult as you think. Maintaining a good credit score can be as simple as following directions and committing to being financially responsible. More >
As an attorney that handles Fair Credit Reporting Act cases, I am often called by consumers who claim errors on their credit reports in order to review their report. Lately, more and more often the consumer will send in a report from Credit Karma. This seems to be the hottest new thing for consumers to view their credit report. But is it a credit report? Is Credit Karma a good source to know what is on your credit report. While Credit Karma has some good virtues, it is not the best source to know your credit standing. More >
A first for the two major consumer protection agencies, a unity or meeting of the minds, between the Federal Trade Commission (“FTC”) and the Consumer Financial Protection Bureau (“CFPB”). These consumer agencies came together for the first time to try to protect consumer rights across the board. The goal, “Operation Collection Protection”. This initiative will unite all the federal agencies as well as state and local governments to protect consumers and enforce the Fair Debt Collection Practices Act (“FDCPA”). More >
As the year comes to a close, debt is a common concern for many consumers. Whether you were a little less than conservative during the holiday season or accrued debt during the year that you have not been able to pay off, the Fair Debt Collection Practices Act (“FDCPA”) will protect you from debt collectors. Consumers all to often fall prey to collectors who violate the statue and take advantage of consumers who are not aware of their rights. Below is a list of five basic facts that every consumer needs to be aware of and that debt collectors try to make sure you don’t find out about. More >
In 2009 the Federal Government signed into law the Credit Card Accountability, Responsibility and Disclosure Act, or Credit CARD Act. This law was aimed at improving the industry for consumers and stopping the overall abusive practices of the credit card business. In 2011, the Consumer Financial Protection Bureau (“CFPB”), the agency in charge of consumer protection in the financial marketplace, was appointed to monitor the Act and ensure compliance. Over the past four years, the CFPB has regulated the industry and this past month, the agency released its second report showing how since its enactment, the CFPB believes the statute has helped to save consumers more than $16 billion in credit card fees. More >
As discussed in the last blog how consumers have a variety of credit scores, consumers also have a variety of consumer reports. Beyond the credit reports from each of the three big credit reporting agencies, Experian, Equifax and Trans Union, consumers have specialty reports that are used to provide different types of data to lenders looking for specific information. Just like your consumer report, these reports help lenders determine whether or not they want to extend you credit and at what rate. Though most lenders request a copy of your credit report from the big three agencies, in addition they also look to these specialty reports to help make a determination. Below is a list of four specialty reports you may not be aware of but are used by lenders across the board.More >
The more you learn about your credit the more you understand the importance of maintaining a good credit score. In fact, most credit reporting agencies now offer a “free score” with a copy of your report so that you can ensure your score is decent enough to earn you favorable interest rates, new credit and larger loans. Each consumer, believe it or not, has over 50 different credit scores but there are two types of scores that are most commonly used in the credit granting industry, Fair Isaac Corporation (“FICO”) and VantageScore. More >