Larry Smith
August 17, 2022
EFTA stands for the Electronic Funds Transfers Act. And true to its name, it is the law that provides for the rights and responsibilities of those making electronic transfers. What is an electronic funds transfer? It is transferring funds through any sort of electronic terminal. That could be by phone, by computer, by magnetic tape […]
Larry Smith
August 17, 2022
Credit Reporting Agencies tend to make mistakes when creating credit reports. Some of these mistakes are harmless, but some can cause serious economic harm. Whenever you find an error on your credit report, you should dispute the error. But what are the most common errors we see? Mixed File: Often times, people who have the […]
Larry Smith
August 4, 2022
The recent revelation making headlines is that Equifax has been sending the wrong scores to potential lenders. Equifax, pursuant to requests for consumers’ credit scores, was sending erroneous information consisting of lower credit scores than what the consumer’s report actually earned. It was disclosed that this issue persisted for at lease a few weeks affecting […]
Larry Smith
April 5, 2022
This morning, April 5, 2022, the television program Good Morning America ran a very alarming story about bank scams. As it was reported, the Electronic Funds Transfers Act, is the regulation enacted to protect consumers from fraudulent or unauthorized electronic transfers of money from consumer accounts. This story is an important one and can be […]
Larry Smith
February 28, 2022
Every day millions of Americans find errors on their credit reports. A large number of those errors can cause credit or employment denial. Therefore, it is important that when you find an error on your credit report, you immediately dispute that error. Any disputes over your credit report should go directly to the credit reporting […]
Larry Smith
January 7, 2022
Most employers today require prospective employees to pass a background check before getting the job. It can be quite embarrassing when the employer advises you that you failed the background check, even though you know you have a clear record. You also may be lost as to what to do next to clear your name […]
Larry Smith
January 6, 2022
Millions of Americans have false or inaccurate information on their credit files. A certain amount of these inaccuracies can lead to credit or insurance denials. It is not only important to check your credit regularly, but also to make sure to dispute inaccurate information. What is the best way to dispute your credit report? The […]
