When Experian, Equifax, or Trans Union report inaccurate information to potential creditors, their errors can have devastating consequences. Sometimes the potential creditor will raise the interest rate that you must pay because the error makes it look like your credit is worse than it actually is. And sometimes the potential creditor will
With the end of the year fast approaching, some employees are anticipating the receipt of an end-of-the-year bonus. If you’ve received a bonus – whether during the holidays or the rest of the year – you should make sure that your employer is paying you properly. In some cases, a bonus must
How Long Do I Have To File a Credit Report or Background Check Lawsuit Under The Fair Credit Reporting Act (FCRA)?
As with nearly every law, individuals are limited in the amount of time they have to file a lawsuit when their rights have been violated. The legal term for this timeframe is “statute of limitations.” Under the Fair Credit Reporting Act (FCRA), a lawsuit for violations of this federal law must be
A Background Check Company Made A Mistake That Cost Me A Job: What Kinds Of Damages Can I Recover In A Lawsuit?
You’ve lost a job because a background check company reported inaccurate information about you. All is not lost. You may be able to file a lawsuit under the Fair Credit Reporting Act to obtain damages from the background check company. What types of damages might be available? Lost Wages. The FCRA allows you
Employers Must Show You Your Background Report Under Section 1681b(b)(3) Of The Fair Credit Reporting Act If They Are Going To Use It Against You
The Fair Credit Reporting Act contains requirements for the “user” (i.e., the employer) of an employment background report. The law requires that an employer must: 1. Obtain your written authorization to access your background (or consumer) report; and 2. Provide you with a disclosure that it may use the background report for employment purposes. Both of
Equifax, Experian, and TransUnion Are Reporting The Same Debt Six Times; How Can I Fix My Credit Reports?
When you review your credit report, oftentimes you are looking to make sure there are no errors. A consistent review of your credit report is important because errors, such as incorrect information that make your financial picture appear inflated to potential creditors, may cause you to be unable to obtain credit, including
Have You Disputed Credit Report Errors Made By Yamaha, WebBank, Fidem Finance, Intuit, Health Credit Services, DIGNIFI, or CreditStacks? Here’s What They Must Do To Investigate.
Once a consumer disputes information in a credit report with Experian, Equifax, or TransUnion (or any other consumer reporting agency), the consumer reporting agency must notify the furnisher of the information of the dispute. And once the furnisher is notified, it then has an obligation to investigate. Section 1681s-2(b) of the Fair
Employers Looking to Save A Buck: Are You Being Denied Overtime By Being Misclassified As Exempt From Overtime?
Under the Fair Labor Standards Act, an employer must, in most situations, pay overtime and a minimum wage to all non-exempt employees. Non-exempt employees are, generally, employees who do not qualify under any of the FLSA’s numerous exemptions based on an analysis of their job duties and compensation. EXEMPTIONS The most common exemptions
Does your employer classify you as an independent contractor and have you work hours upon hours every week without paying you overtime? If you qualify as an independent contractor, then there’s likely no problem with your employer’s refusal to pay overtime. But sometimes that is not the end of the story. Sometimes
You are entitled under the law to one free copy of your credit report every 12 months from each of the “Big 3” credit reporting agencies: Equifax, Trans Union, and Experian. To obtain your free reports, go to https://www.annualcreditreport.com, or print and submit the form found on the website. As credit report attorneys,