Know Your Rights

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Welcome to the Protecting Consumer Rights Blog...

You have rights when a debt collector is pursuing you. SmithMarco, P.C., has over 30 years of combined experience practicing law protecting the rights of consumers around the country.

Contact us for a free case review to determine if your Fair Debt Collection Practices Act rights were violated. 

Salary Information on your Credit Report

Checking your credit report is standard protocol for the average consumer.  Accessing your credit file to review the information reporting is essential to your financial well being. Did you know that in addition to account information, credit reporting agencies also collect salary information on consumers? Read More...

Who Is Really Reporting Your Credit Information

The average consumer is aware of the three big credit reporting agencies, Experian, Equifax, and Trans Union.  When applying for credit, most consumers are aware that lenders review your credit report to see if you are “credit worthy” before they decide whether or not to lend you money.  Most often, the reports being reviewed are from one or all of the big three.  However, there are dozens of other reporting companies that store your credit information and are sharing it with your potential lenders.Read More...

Changing Background Checks to Protect the New Generation

As the face of the workforce population begins to change in 2018, employee background checks will need to transform in accordance with the Fair Credit Reporting Act (“FCRA”).  As Millennials, people aged 18 to 34, continue to out number the Baby Boomer population and take over the workplace market, this younger and more technologically savvy group of people are invested in their credit report and online personal information.  So to adapt to this growing generation while on the hunt for employment, background checks are predicted to become more accessible and easier to conduct. Read More...

A Guide to the Fair Credit Reporting Act

The Fair Credit Reporting Act, more commonly referred to as the FCRA, is the federal statute that was enacted to protect consumer rights in the credit reporting industry.  This law is a consumer minded statute that ensures accuracy and fairness in reporting and dissemination of your financial information.  The FCRA specifically outlines consumer rights but also sets guidelines for creditors, lenders and consumer reporting agencies. Read More...