Ever wondered why your credit score is lower than you anticipated? Did you check it and not comprehend why it was lowered? Allow us to share with you a seldom known fact: Credit reporting agencies at times report erroneous credit information.

According to The Policy and Economic Research Council, about 19% of consumer credit reports had credit reporting errors, and only roughly 1% of disputes directly with the credit reporting agencies lead to a positive change in an individual's credit score. The Federal Trade Commission equivalently found that about 20% of consumers have an error on their credit reports, and 25% of those consumers have an error that is large enough to affect their overall credit score. Additionally, the Federal Trade Commission conducted another study that found even after disputing errors, around 70% of consumers still find inaccuracies.

The Fair Credit Reporting Act and California's counterpart, the Consumer Credit Reporting Agencies Act, require that credit reporting agencies report only true and accurate information.

Golden & Cardona-Loya, LLP can assist you, the consumer with any erroneous or misleading reporting, whether or not it is large enough to affect your total credit score, and correcting it or trying to get rid of it completely off of your credit report.

Contact Us For free Consultation Our Chula Vista Consumer Right Protection Attorney at +16194760030.

Curious as to whether or not your credit report is accurate? Review a copy of your credit report to examine the accuracy of your information. If you notice any inaccurate information, make a list of everything that is incorrect, including your name, address, social security number, and list of accounts. Next, contact us to further assist you with disputes.

It is important to all individuals to ensure that their overall credit report is clean of errors and that if there is an error, that error can be disputed and cleared from one's credit report. We are a firm dedicated to protecting the rights of California's consumers from false or misleading information on their credit reports.