Fair Credit Reporting Act (FCRA)
Get Answers from Our Kansas City Consumer Protection Attorneys
Your credit report is a foundational document. As a profile of your financial responsibility and creditworthiness, it effectively serves as a “report card” that can open or close doors to financial opportunities. Businesses, banks, mortgage companies, and other lenders will rely on your credit report when offering (or declining) certain financial services.
You Have Important Legal Protections
Because credit reports have such a far-reaching impact on financial matters, Congress enacted the Fair Credit Reporting Act (FCRA) in 1970 to safeguard consumers like you. This complex law gives you numerous important protections.
For example:
- You have the right to review your credit report. Without access to your credit report, it is impossible to identify and fix errors. The three major credit reporting agencies must provide you with a free copy of your report once every 12 months. All you have to do is ask.
- You have the right to dispute inaccuracies and unverified information in your credit report. You shouldn’t have to suffer negative consequences as a result of errors in your credit report. Federal law gives you the right to dispute not only inaccuracies but also any information that cannot be objectively verified. From a practical standpoint, however, successfully pursuing a dispute can be difficult. At Patton & Dean, LLC, our lawyers can step in and work on your behalf to clean up any information that should not be there. We are not afraid to stand up to large credit reporting agencies.
- You have the right to dispute out-of-date information in your credit report. Financial missteps in the past will not haunt you forever. Negative credit information must be removed from your report after a certain amount of time. If the reporting agency fails to comply with this important protection, you may file a dispute.
- Only those with a legitimate purpose can access your credit report. Your credit report contains detailed personal information about your financial history, employment, and other sensitive matters. In the wrong hands, this information can lead to identity theft. Fortunately, the law restricts who can access your credit report, and under what circumstances.
If you have questions about the Fair Credit Reporting Act, contact Patton & Dean, LLC today. Our Kansas City attorneys have the experience and insight you need.
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Past Clients Tell Their Stories
At Patton & Dean, LLC, your satisfaction is our priority! See for yourself what our clients have to say about working with us.
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I was referred by a family member to your office. I was/am impressed with your availability for questions and resolutions that have came up in the past 2 years, well almost. Keep up the good work, I have mentioned your office to some people that I know that are considering your services.Elaine R
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Judy P.
The firm educated me about the options for me and quickly had a plan of attack. Mr. Patton took care of showing me everything I needed to do and how to do it. I don't think I could have had a better experience.
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If you are needing an attorney who is responsive, caring, and treats you like you matter, this is your Firm. Both Ryan and David are extremely intelligent, but they also go above and beyond when providing their services. Highly recommend.Sharon K.
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We had a leval issue that needed to be taken care of. Ryan Patton saved our bacon. He is very professional, knowledge, friendly and both he and dean are always available personally when you call. I highly recommend this office for your legal needsStan B.
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You have always been great to answer my questions and help when I need it. Always answer when I call, I talk to a person not artificial intelligence or recording. And if I do have to leave a message someone is quick to call back. Keep doing what you do.Elizabeth B.
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“Ryan and David both were very personable as well as professional.”Deana
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This team of attorneys has gone out of their way to help me. I am impressed and thankful for all they have done for me.Jeffery B.
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Very grateful. Ryan and his team were very helpful. Thanks to them I was able to keep everything I needed. Very knowledgeable and professional. Thanks Thanks ThanksCarlos I.
