- Consumers often face credit report issues due to inaccurate information reported by companies.
- Equifax, TransUnion, and Experian are common credit reporting agencies.
- Inaccurate information might be provided by entities like cell phone companies, banks, or finance firms.
- Fair Debt Collection Practices Act grants rights against companies furnishing inaccurate credit information.
- Disputes should be directed to the credit reporting agency (Equifax, TransUnion, Experian) triggering an investigation and the rights under the Fair Credit Reporting Act for furnishers are activated.
November 9, 2020