In the Case of Dixon v. Experian and Green Tree…
UPDATE: Plaintiff prevails on Motion to Compel documents against Experian. To read the Order & Opinion: Dixon – 61 – Opinion and Order on Motion to Compel and Protective Order.
On July 2, 2013, a Indiana consumer filed suit in federal court against Experian and Green Tree Servicing, LLC for neglect and willful violations of the Fair Credit Reporting Act (FCRA). The case is currently in the discovery stage. Continue reading
Disputing a Credit Credit Report
Obtaining your credit report is the first step in disputing any inaccurate or wrong information which may appear on it. Federal law requires the three national credit reporting companies Equifax, Experian, and Trans Union, to provide you with a free credit report every year. Get your free credit report at AnnualCreditReport.com; which is the official site to help consumers obtain their free credit report. Continue reading
Credit Reporting Act to Ensure Accurate Information Introduced
Senator Sherrod Brown of Ohio, has introduced the Stop Errors in Credit Use and Reporting (SECURE) Act to ensure that all have accurate information on their credit report to ensure they are being treated fairly.
According to the article published by Senator Brown, “[t]he SECURE Act would require credit reporting agencies to improve their processes for collecting and matching consumer credit information Continue reading
Meeting on Protecting Consumer Rights
The Consumer Financial Protection Bureau (CFPB) will be holding a Consumer Advisory Board Meeting on February 27, 2014 in Washington, D.C. The agenda for the meeting indicates an open session to the public (RSVP’s required) on Protecting Consumer Credit Profiles. CFPB Director, Richard Cordray is scheduled to speak about the consumer experience in the credit reporting market.
For Richard Cordray’s Remarks from the meeting click HERE.
Identity Theft & Your Credit Report
Federal Law Aids Consumers in Fixing Credit Reports Due to Identity Theft
When an identity is stolen, the theft usually leads to the fraudulent use of personal identifying information. The use of stolen information such as name, Social Security number, and date of birth fall victim to identity theft when used to obtain electricity, gas, open a checking account, and even attain employment.
Speaking Announcement on Identity Theft and Consumer Rights
G. John Cento of Cento Law LLC presents on Identity Theft, a Summary of Consumer Rights Under the Fair Credit Reporting Act, on November 13, 2013 to employees of the United Way in downtown Indianapolis.
Furnishers Are Required to Review Documentation from Credit Reporting Agencies
The Consumer Financial Protection Bureau (the “CFPB”) has issued a Bulletin, dated September 4, 2013, to companies that furnish information to consumer reporting agencies (“CRAs”) regarding furnisher obligations under the Fair Credit Reporting Act (the “FCRA”). The Bulletin is intended to deal specifically with the FCRA requirement that furnishers are required to “review all relevant information” when investigating a consumer dispute. Continue reading
Federal Agency to Oversee Credit Reporting Agencies
In July of 2011, the Consumer Financial Protection Bureau (CFPB) became the first federal agency to oversee credit reporting agencies such as Equifax, Experian, and Trans Union. The CFPB receives complaints directly from consumers relating to credit reporting, mortgages, bank accounts and services, private student loans, consumer loans, and money transfers. In July 2013, the CFPB released a report which provides a snapshot of the complaint process and a analysis of the complaints they received. Continue reading
Equifax Slammed with $18.6 Million Jury Verdict for Violations of the FCRA
A federal jury recently awarded Julie Miller of Oregon with $18.6 Million. The multimillion dollar verdict was a result of a case filed against Equifax for mixing (or merging) credit information belonging to a different Julie Miller and not fixing the inaccuracies after Julie Miller disputed it. The case alleged violations of the Fair Credit Reporting Act (FCRA). Continue reading
FOR IMMEDIATE RELEASE
Lawsuit Against Experian and Green Tree for Inaccurately Reporting Bankruptcy Reaffirmations and Ride Throughs
July 2, 2013
Today, Cento Law, LLC attorney G. John Cento filed a lawsuit against Experian Information Solutions, Inc. and Green Tree Servicing, LLC alleging numerous violations of the Fair Credit Reporting Act. In the suit, Plaintiff alleges Experian and Green Tree inaccurately reported his mortgage account which had been included in bankruptcy but which survived the bankruptcy as a “ride through.” Continue reading