Fair Credit Reporting Act for Consumers Rights:
- According to the Fair Credit Reporting Act (FCRA) there is a time limit that a negative entry can remain on your credit history.
According to the Fair Credit Reporting Act (FCRA) there is a time limit that a negative entry can remain on your credit history. Contact Pittsburgh Attorney, Jeff Suher to dispute negative entries that don't fall off. - Debt Reduction Defendant Settles FTC Charges
According to a complaint filed by the FTC in March 2007, Debt-Set, Resolve Credit Counseling, Inc., and their principals sold debt reduction services through Web sites and television and radio advertisements with claims such as “Reduce Debt Now” and “Eliminate Harassing Calls.” When consumers called a toll-free number, the complaint alleged, they were encouraged to enroll in a “debt consolidation program” if their unsecured consumer debt was up to one month overdue, or a “debt settlement program” if overdue longer. - 5 Ways to DESTROY your credit score
Your credit score, or your FICO score, ranges from the worst possible score of a 300 to a perfect 850, and is determined by such factors as paying your bills on-time, the amount of money you owe as well as the length of your credit history, according to the company Fair Isaac, which runs the scoring system.
But even if you are one of those individuals who is diligent about maintaining your good credit standing, it is still possible that with a few simple missteps you could send your credit score into a tailspin faster than you can say delinquency.
So while closing out those credit card accounts you don't use or rolling over all your outstanding debt to one card may seem like sensible moves, you might actually be killing your credit rating. - How Does the Fair Credit Reporting Act Affect You and Your Credit Score?
The Fair Credit Reporting Act was established to protect Pittsburgh consumer rights. Knowing these rights can be a huge asset if you ever find yourself in deep water financially.
If you have credit then you have a right to know what your credit report says. This is enforced by the terms of the Fair Credit Reporting Act (FCRA). This act guarantees you certain rights that were not enforced so strictly previously.