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Credit report lawyer: Chicago, IL

If you’re planning on taking out a car loan or thinking about applying for a home mortgage, you know how vital it is to have a good credit score. That little three-digit number packs a punch when lenders determine what interest rates they’ll issue.

Lower interest rates on a home mortgage alone can save a homeowner tens of thousands of dollars over the life of the loan when compared to the money that would otherwise go to higher interest rates. Even a quarter of a percentage point can make a very big difference in money saved over the long haul. Your credit rating is vital to how you live your everyday life. The better you handle your finances, the stronger your credit scores will be.

Your credit report doesn’t list your credit score, but it does reflect your credit history and how diligent you’ve been with making timely payments against whatever debt you carry, along with other financial information. Bottom line: Your credit report determines your credit score.

Your credit report could include errors

Even if you’re very responsible about making payments to your creditors and lenders, your credit report could still contain errors.

An eye-opening investigation from Consumer Reports noted that between February 1 and April 1 of 2021, 5,858 volunteers obtained a copy of their credit reports and checked them for errors. Of those, 29% discovered personal information errors and 11% found account information errors.

Other investigations concerning errors reveal a trend of inaccurate credit reports that should be enough to make anyone sit up and take notice. A 2012 study by the Federal Trade Commission revealed that 25% of American consumers had at least one mistake on their credit reports.

From human error to full-blown identity theft and other scenarios, mistakes on credit reports are a reality. Enter: Consumer Attorneys. The best defense is a strong offense, and that’s where proactive behaviors come in. That begins with getting copies of your credit reports. The Consumer Financial Protection Bureau encourages consumers to thoroughly analyze their credit reports at least once a year.

Go to www.annualcreditreport.com — this is the first critical step to ensure that your credit reports are accurate. The three major credit agencies, Experian, TransUnion, and Equifax, generate reports from information that creditors and lenders provide them.

If a creditor provides inaccurate information, the credit report agencies may be totally unaware; it’s up to you to make sure your reports are accurate.

As a side note, you can get your credit reports for free every week from TransUnion, Experian, and Equifax until the end of April 2022

Consumer Attorneys serves residents of Chicago, IL, and a host of other cities across the U.S. We help victims who have endured identity theft, credit report errors, and background check errors. We connect clients with local credit report lawyer teams. As a resident of Chicago, IL, we’ll connect you with a local credit report lawyer who can address your concerns.

Has your dispute with a credit reporting agency reached a dead end? Do you feel that the credit reporting agency violated the Fair Credit Reporting Act? Have you suffered financially or emotionally due to inaccuracies on one or more credit reports? Do you feel you’ve been victimized by identity theft? If so, you have nothing to lose by taking advantage of a free case review. Simply call 1-877-615-1725 — the sooner the better since your credit score could be on the verge of a free-fall.

Credit report errors can affect all areas of your life

If your credit report falsely indicates delinquent accounts, late payments, too many maxed-out credit cards or other negative information, not only will it damage your credit score, but it will also impact multiple areas of your life. Credit reports and lower credit scores reflect poorly on your creditworthiness and can earn you denial of:

  • A car or home loan
  • A job position or promotion
  • Tenancy
  • A new bank account
  • Car rental services
  • A new credit or debit card
  • Security clearance privileges in government or military positions

When consumers file a dispute with credit report agencies, those agencies have 30 days to prove that the information they have is correct. If they can’t, they must remedy all known errors. If you feel an agency has violated the Fair Credit Reporting Act and you have suffered personally or professionally due to credit report errors that went unresolved, you have the right to sue and receive financial compensation.

Consumers across the country filed complaints with the Consumer Financial Protection Bureau in record numbers in 2020. Sixty-three percent of those complaints — more than 280,000 — dealt with just credit report issues.

Credit report errors can include:

  • False delinquencies or accounts that don’t belong to the consumer, which could result in denial of credit
  • Personal demographic information that is misspelled, obsolete, or belongs to another person
  • The same loan or mortgage listed more than once
  • Missing accounts that deal with a consumer’s credit, loans, and mortgages — the same accounts that determine a person’s creditworthiness
  • An account from more than 7.5 years ago still being reported as past due
  • Credit accounts that are incorrectly listed as open, even after they were legitimately closed
  • A credit bureau incorrectly reporting the consumer as deceased
  • Identity theft indicators such as hard credit inquiries that were not made by the consumer
  • Unauthorized accounts not opened by the consumer

Let’s work together

As a leading national consumer protection law firm, Consumer Attorneys’ 10+ years of experience has helped clients effectively deal with credit reporting misconduct. Consumer Attorneys, based in New York City, represents nationwide clients in state and federal courts. To date, our efforts have secured more than $100 million in monetary recoveries.

Our credit report lawyer teams help Chicago clients pursue damages for financial harm, emotional suffering, and punitive damages, if applicable. Also, our Chicago clients pay no out-of-pocket fees because our lawyers earn compensation through financial recoveries.

Protect yourself with our identity theft/legal protection plans

You possess some tantalizing information that identity thieves would love to get a hold of. Your Social Security number, credit card numbers/offers, driver’s license number, medical insurance information, rewards account numbers, and other sought-after data is irresistible to those who victimize others for their own financial benefit.

As of 2020, identity thieves have breached personal information affecting more than 49 million people. Resolving identity theft issues and damaging credit report errors without legal representation can be an extremely time-consuming and complex process. Additionally, lack of legal counsel can often result in continued financial loss if attempted resolutions prove to be ineffective.

Our Chicago, IL, clients can use proactive measures that involve our identity theft and legal protection plans, which include identity monitoring that continuously scans the dark web and other locations for suspicious activity. Also, credit monitoring constantly tracks the client’s credit report and profile, highlighting unusual activity that could be the first indicator that fraud has occurred and that action is required immediately.

Through Consumer Attorneys, our Chicago, IL, clients have 24/7 access to U.S.-based certified identity theft resolution specialists who help iron out identity theft issues and put proper safeguards in place to minimize future damage.

Take advantage of the identity theft/legal protection plan that best suits your needs. When you sign up for any plan, you will receive a three-bureau credit report and score as well as three-bureau credit monitoring with Equifax, Experian, and TransUnion.

Leader Protection Plan – $9.99/month

  • $1 million in identity theft insurance
  • Three-bureau credit score/credit monitoring and alerts
  • Dark web surveillance and alerts
  • Identity monitoring
  • High-risk transaction protection
  • Compromised credentials monitoring
  • Data recovery and device cleanup assistance
  • Home internet security restoration
  • Email health check

Individual Legal Protection Plan – $79.99/month
This plan includes all the benefits of our Leader Protection Plan plus:

  • Monthly credit report analysis and organizing any necessary dispute letters
  • Employment and housing background check report analysis
  • Debt collection and harassment protection
  • One-hour attorney phone consultation
  • Telemarketing/spam harassment protection
  • Class action support
  • And more!

Justice awaits — contact our legal team today

Those in Chicago, IL, can connect with our legal team by:

When it comes to identity theft, credit report errors, and background check errors, justice is served thanks to our evidenced-based, expert-led, and solutions-driven strategies!

¿Es usted víctima de los acreedores, los cobradores de deudas o las agencias de información crediticia?

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