What is EFTA and What Does it Stand For?

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 […]
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What are the Most Common Credit Report Errors?

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 […]
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Equifax Sending the Wrong Scores – What are your Rights?

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 […]
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Zelle Scam Exposed on Good Morning America

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 […]
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Have a Credit Report Error? Use our Dispute Template

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 […]
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What to do if You Have Background Check Errors

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 […]
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How Writing a Letter Can Help You Dispute Credit Report Errors

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 […]
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The Legality of Background Checks

You apply for a job and go in for the interview.  Everything goes well.  The employer is eager to have you on board.  You are hired, pending routine background check.  Then a few days later, you receive a letter from that employer that tells you that they cannot hire you because of the results of […]
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Attorney Larry Smith and The Rideshare Guy – Encore Performance

SmithMarco, P.C.’s managing partner, Larry Smith, met with The Rideshare Guy, Harry Campbell earlier this year on a podcast.  The discussion was about background checks being utilized by rideshare companies, such as Uber and Lyft.  Many drivers are being blocked from access on the driving platform because of items that appear in the background checks.  […]
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Parts of a Credit Report- What you should know.

The first thing most consumers look at when it comes to their credit is their credit score.  However, as we have written here in our blog, a credit score completely depends upon the information in the credit report.  Thus, it is most important that you view your credit report to see that the information on […]
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