Consumer Credit File Rights Under State and Federal Law

 

Most Credit repair companies don't want you to know about your rights as a consumer.  Here at Finiv Credit we do provide you with a copy of your rights and that is why we list them on our website, so that you know that all the work we do can be done by you absolutely FREE.  Just remember like everything else you have to be consistent and have the right knowledge to receive excellent results.  Feel free to contact us at 1-866-290-4949 if you ever have any questions

 

 

You have a right to dispute inaccurate information in your credit report by contacting the credit bureau directly.

However, neither you nor any ''credit repair'' company or credit repair organization has the right to have accurate,

current, and verifiable information removed from your credit report. The credit bureau must remove accurate,

negative information from your report only if it is over 7 years old. Bankruptcy information can be reported for

10 years.

 

You have a right to obtain a copy of your credit report from a credit bureau. You may be charged a reasonable fee.

There is no fee, however, if you have been turned down for credit, employment, insurance, or a rental dwelling

because of information in your credit report within the preceding 60 days. The credit bureau must provide

someone to help you interpret the information in your credit file. You are entitled to receive a free copy of your

credit report if you are unemployed and intend to apply for employment in the next 60 days, if you are a recipient

of public welfare assistance, or if you have reason to believe that there is inaccurate information in your credit report

due to fraud.

 

You have a right to sue a credit repair organization that violates the Credit Repair Organization Act. This law

prohibits deceptive practices by credit repair organizations.

 

You have the right to cancel your contract with any credit repair organization for any reason within 3 business

days from the date you signed it.

Credit bureaus are required to follow reasonable procedures to ensure that the information they report is accurate.

However, mistakes may occur.

 

You may, on your own, notify a credit bureau in writing that you dispute the accuracy of information in your credit

file. The credit bureau must then reinvestigate and modify or remove inaccurate or incomplete information. The

credit bureau may not charge any fee for this service. Any pertinent information and copies of all documents you

have concerning an error should be given to the credit bureau.

 

If the credit bureau's reinvestigation does not resolve the dispute to your satisfaction, you may send a brief

statement to the credit bureau to be kept in your file, explaining why you think the record is inaccurate. The credit

bureau must include a summary of your statement about disputed information with any report it issues about you.

The Federal Trade Commission regulates credit bureaus and credit repair organizations. For more information

contact:

 

The Public Reference Branch

Federal Trade Commission

Washington, D.C. 20580.

There are non-profit organizations that are available that are funded by minimal client fees, grants, other voluntary

 

 

 

 

Finiv Credit Counseling ( Quest Corp Financial, LLC )