Fair Credit Reporting Act (FCRA) FAQs

The Fair Credit Reporting Act exists to ensure that you receive fair and accurate consumer reporting and that your privacy as a consumer is protected. Companies who fail to comply with FCRA’s requirements can face actual damages, statutory damages and, in some cases, punitive damages.  What Does The Fair Credit Reporting Act Do? The Fair […]

Free Weekly Credit Reports Extended

The three major credit bureaus, Equifax, Experian, and TransUnion said in a statement that they will continue to offer consumers free credit reports on a weekly basis until December 2022 because of the ongoing COVID-19 pandemic. The reason for the extension is because of the still-present need for consumers to have the key to their financial information. How […]

REMINDER: Three Free Weekly Credit Reports Through April

Staying on top of your credit report is of vast importance. This gives consumers the opportunity to check their report more often than normal. During the pandemic, the top three national credit reporting agencies are offering free weekly credit reports through April. All consumers are eligible to get free weekly credit reports from these agencies: […]

REMINDER: Three Free Credit Reports Weekly

The three major credit bureaus- Experian, Equifax and Transunion, have all announced that they are offering free credit reports to all Americans on a weekly basis. This gives Americans a way to protect their financial health during the COVID-19 pandemic. The free credit reports will be available on AnnualCreditReport.com weekly through April 2021. How to […]

The Annoyance of an Inaccurate & Recurring Debt

Recently we have seen an increase in consumers complaining about previously corrected data being reported on credit reports, particularly when car loans/leases are paid off early. Inaccurate and recurring debt can prevent consumers from purchasing homes or impact their credit scores. If this is happening to you, follow these instructions. How to Handle an Inaccurate […]