Submitted by New Jersey Bankruptcy Lawyer, Lee M. Perlman. Errors in credit reports may occur. Some common errors are: Identity errors: Errors made to your identity information (wrong name, phone number, address) Accounts belonging to another consumer with the same or similar name as yours (this mixing of two consumers’ information in a single file […]
Over a Million Are Denied Bank Accounts for Past Errors
A version of this article appeared in print on 07/31/2013, on page A1 of the NewYork edition with the headline: Million Denied Bank Accounts For Past Errors. Published originally in the New York Times. Chang W. Lee/The New York Times Tiffany Murrell, who had a $40 overdraft in 2010, was rejected repeatedly for an account. […]
Julie Miller, Oregon Woman, Awarded $18.6 Million Over Equifax Credit Report Errors
PORTLAND, Ore. (AP) — A federal jury in Oregon awarded $18.6 million to a woman who spent two years unsuccessfully trying to get Equifax Information Services to fix major mistakes on her credit report. Julie Miller of Marion County was awarded $18.4 million in punitive damages and $180,000 in compensatory damages, though Friday’s award against […]
Six Secret Credit Scores And How You Can Alter Them
When you sign up for a credit card, you’re making the credit-card company a life partner. It knows where you shop, when, what you buy, whether you pay your debts on time and if you’re a sucker for a balance-transfer offer that leads to high interest rates. It knows a lot more than the credit […]
How to Fix a Credit-Report Error — Before It Bites Back
What you don’t know might hurt you. That is a key conclusion that jumps out from a recent Federal Trade Commission study on errors in credit reports, those all-important records that determine whether we get credit, what interest rates we pay and sometimes whether we get a job. In the FTC study, 262 of the […]
