People Come First At Our Consumer Rights Law Firm
When out shopping, whether it’s at the grocery store, a restaurant, or a retailer, more than half of American consumers reach for their credit card or debit card when it comes time to make payment. While using credit to make purchases is the simplest way to pay what you owe, it can also be the easiest way for your identity…
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? Subsidiary Credit Reporting Agencies Credit reporting agencies, such as Equifax, are made up of subsidiary credit…
Under the Fair Credit Reporting Act (“FCRA”), you are entitled to know what is reported on your credit report. Credit reporting agencies provide your information to lenders, employers, landlords, banks, insurance companies, department stores, and other entities. So, to maintain your financial welfare, you need to know what these agencies are reporting about you. Experts say there are approximately 400…
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…