Wednesday, February 29, 2012

Federal Law Entitles You to an Accurate Credit Report


The Fair Credit Reporting Act (the FCRA), a federal statute passed in 1970 to regulate the collection and use of consumer credit information, requires consumer reporting agencies (also known as credit reporting agencies or credit bureaus) to maintain the “maximum possible accuracy” of the credit information they collect and use to create consumer reports (also known as credit reports).  When a consumer reporting agency fails to maintain this level of accuracy and errors occur, this federal law gives consumers the right to dispute information in their credit files and, when necessary, bring suit against those agencies and the furnishers of credit information to those agencies, to recover damages for those inaccuracies and errors.

Riley Bennett & Egloff Law combines experience and efficiency in credit reporting law to render their clients high quality legal representation. Their attorneys represents cosumers whose rights have been violated by the credit reporting agencies and runishers of credit information. Having represented a number of parties involved with these kinds of claims in federal court, their work has been acknowledged throughout the Indianapolis area. See www.rbelaw.com.

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