Category Archives: Credit Report
You must dispute inaccurate credit information with Experian, Equifax, and TransUnion individually.
Experian, Equifax and TransUnion do not share data The three major national credit reporting agencies (Equifax, Experian, and TransUnion) operate as competitors and independent companies that do not share information. While furnishers of credit information (like banks and lenders) have no obligation to report any credit information to the big three, if they do… Read More »
Inaccurate Wells Fargo Credit Report
Wells Fargo paid more than $3.7 billion to settle claims that it harmed more than 16 million consumers. https://www.wsj.com/articles/wells-fargo-reaches-3-7-billion-deal-with-regulators-over-consumer-banking-11671546132. These violations impacted consumers with auto loans, mortgages, and deposit accounts. According to the Consumer Financial Protection Board, Wells Fargo illegally assessed fees and interest charges on car loans and home mortgages. As a result,… Read More »
Fix inaccurate Equifax, TransUnion, and Experian credit reports
Many consumers are frustrated when they try to correct inaccurate items on their credit reports because it is complicated and time consuming. The best process to fix inaccurate credit reports is to mail credit dispute letters to Equifax, Experian, and TransUnion (not on-line) to dispute and fix inaccurate credit information. When making a credit… Read More »
INACCURATE EQUIFAX CREDIT SCORES IN 2022
The Wall Street Journal reported (https://www.wsj.com/articles/equifax-sent-lenders-inaccurate-credit-scores-on-millions-of-consumers-11659467483) that Equifax provided inaccurate credit scores when consumers applied for auto loans, mortgages, and credit cards. Reporting indicated that Equifax sent the inaccurate credit scores from the middle of March 2022 to early April 2022. If Equifax provided a credit score for your credit application during that time… Read More »
AUTO LEASE EXTENSIONS AND INACCURATE CREDIT REPORTS
There are a number of credit reporting issues that can come out of auto leases including erroneous accounting information and inaccurate late payment data. However, the most problematic one that we have seen arises out of lease term extensions. Consumers that don’t want to bother with the hassle of lease turn in and getting… Read More »
HOW DO I CORRECT AN INACCURATE EXPERIAN CREDIT REPORT?
The best way to correct an inaccurate Experian credit report is to send Experian a detailed dispute letter explaining the factual scenario why the information that Experian reports on your credit report is wrong. You should also include any supporting documentation with the credit dispute letter to prove to Experian that the credit reporting… Read More »
INACCURATE CREDIT REPORTS FROM CAPITAL ONE AND CAPITAL ONE AUTO
Blankingship & Christiano have dealt with Capital One in the past and know the issues to examine involving an inaccurate credit report whether it be from inaccurate credit reporting, identity theft, or improper charged off and collection accounts for an automobile loan. Credit reporting errors and inaccuracies with Capital One and Capital One Auto… Read More »
CREDIT REPORTING ISSUES WITH DISCOVER?
New Discover Credit Cards are opened online without a signature or ID We have been suing creditors and credit reporting companies for approximately 20 years and one of the most problematic ones by far has been Discover. Discover spends just under $100,000,000 annually on advertisements with slogans like “We treat you like you… Read More »
Consumer Financial Protection Bureau Reporting Results For 2020/2021
Over 350,000 Consumer Complaints with Credit Reporting Agencies In January 2022, the Consumer Financial Protection Bureau issued a report that was an analysis of credit dispute complaint responses by Equifax, Experian, and TransUnion. The report summarized complaint responses from information obtained by the CFPB related to the three major national consumer credit reporting agencies…. Read More »
Leasing Agreement Pitfalls And Credit Reporting
Lease contracts can produce unexpected pitfalls in the credit reporting world. Whether it is an automobile lease or an apartment lease, they have their own challenges and unforeseen consequences. At Blankingship & Christiano, P.C. we have helped a number of clients that have had extremely problematic leasing issues. Most of the car leasing problems… Read More »