protconsrights
February 8, 2013
Under the Fair Credit Reporting Act (“FCRA”)the credit reporting agencies (“CRA”) are required to follow “reasonable procedures to assure maximum possible accuracy of the information” in reporting consumer information.” 15 U.S.C. 1681e(b). What this means is credit bureaus must report accurate information on its consumers and if notified that information may be inaccurate, must conduct […]
protconsrights
February 6, 2013
It is incredible what lengths a debt collector will go to in an effort to collect a debt. Over the last several years, collection agencies have purchased what is considered junk debt from credit card companies, telecommunication companies, health club memberships, etc. for mere pennies and targeted debtors to make payment on this debt that […]
protconsrights
February 6, 2013
Often times in an attempt to collect a debt, collectors will threaten to report accounts to the credit reporting agencies if you refuse to pay. Debt collectors use this threat as a scare tactic and it usually works as many consumers have a great deal of concern for their credit standing. There are both permissible […]
