Credit Report Problems

Credit Report Problems

The Fair Credit Reporting Act in Maine

Up until the Summer of 2013, Maine had its own Fair Credit Reporting Act.  However, as it ran into conflicts with federal law, it was repealed and a new statute was created.  The new state law follows the federal law closely, and therefore, citizens of Maine should still look to the federal Fair Credit Reporting Act for protection.  However, the Maine law has maintained some protections for its own citizens.  For instance, the current law provides for the placement of security freezes on credit reports, provides a provision on the reporting of child support debts, and contains requirements for the solicitation of prescreened loans.   However, the statute does not provide for private enforcement by the citizens, meaning again that those finding issues with their credit reports should still be looking to the Fair Credit Reporting Act for personal remedies.

Contact SmithMarco, P.C., Today

If you have an error or inaccurate information on your credit report, there are actions that you can take. Contact SmithMarco, P.C., today for a completely free case review.