Duke Energy Reported False Credit Info on 500,000 + Customers

Duke Energy

Cento Law Investigates Duke Energy for FCRA Violations – for Reporting Inaccurate Information to Credit Reporting Agencies

Cento Law is currently investigating Duke Energy for potential violations of the Fair Credit Reporting Act. Last week, the US’s largest electric power holding company, Duke Energy, issued a press release notifying customers of a payment reporting error.  The inaccurate reporting dates back to 2010. Approximately 500,000 Duke Energy customers in Indiana, Ohio, and Kentucky have been affected.

Do you have a potential claim?

Our lawyers welcome the opportunity to put their expertise to work for you. If you have been affected by the reporting procedures of Duke Energy, please contact us for a free consultation.

(765) 280-FCRA

Experian Ordered to Produce Consumer Disclosures in Native Format

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.

Case Background

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

How to Dispute Your Credit Report

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

Stop Errors in Credit Use and Reporting (SECURE) Act Introduced by Sherrod Brown

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

Consumer Financial Protection Bureau to Hold Consumer Advisory Board Meeting

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…

Identity Theft
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.

Continue reading

New CFPB Bulletin Issues Strong Warning to Furnishers of Consumer Credit Information

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

The Consumer Financial Protection Bureau’s Reports on Received Complaints

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

$18. 6 Million Verdict Against Equifax for Not Fixing a Mixed Credit Report

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

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