Larry Smith Reconnecting with The Rideshare Guy

About a year ago, I connected with Harry Campbell, The Rideshare Guy.  Harry has spent the last several years helping rideshare and gig drivers navigate some of the perils of the job.  We at SmithMarco have come to represent many drivers of Uber, Lyft, and many other delivery services where a false or inaccurate background […]
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Money Disappearing from Bank of America Accounts because of Zelle

It was reported yesterday that many Bank of America customers found out that money was missing from their bank accounts.  It was determined, at least by the bank, that the culprit was a glitch in the Zelle system.  Zelle is a payment application that allows account holders to quickly send money to another person.  However, […]
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What is a Re-Aged Account

In the credit reporting world, the idea of what is a re-aged account is often misconstrued.  Under the Fair Credit Reporting Act, negative information cannot be reported for more than 7 years.   Re-aging an account would be something a creditor does so that the account stays on a report for longer than 7 years. When […]
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How to Report Unauthorized Funds Transfers

As banks turn to more and more on-line services, scammers are finding more and more ways into the systems.  Reports of bank accounts being hacked into are on the rise.  Consumers have to be more alert than ever to protect themselves.  Here are some things you can do to protect yourself and, most importantly, report […]
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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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