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Credit report lawyer: Philadelphia, PA

Virtually every U.S. consumer is familiar with the term “credit score,” but fewer may be familiar with “credit report.” If you have a credit score, you have a credit report because it is the report that generates the score.

Your credit report reflects four main pieces of information:

  • Your identity — name, Social Security number, etc.
  • Any existing credit — mortgages, loans, credit card accounts, your history of making payments, etc.
  • Public records — any tax liens, court judgments, bankruptcies, etc.
  • Inquiries about you — companies or people who have recently requested a copy of your credit report

Your payment history is the single, most critical piece of information in your credit report, accounting for a whopping 35% of your credit score. Your credit report basically represents all your financial history under one roof, ready for employers, lenders, banks, creditors, and landlords to examine it.

When employers check a job applicant’s credit report, that information will often determine whether they hire or dismiss that person. The same holds true of credit card companies determining who gets a credit card and who doesn’t, or who gets a lower interest rate and who gets a less favorable one. Even landlords run credit checks on prospective tenants to select the most creditworthy prospects.

Are you planning to buy a home, get a car loan, or rent a car at the airport? Make sure your credit report/score is in good standing because their status will influence your chances of approval. Analyzing your credit report is the only way you can know whether everything is as you believe it should be. Taking the time to double-check what your credit report says against what you know to be true is your only opportunity to uncover any mistakes.

Did we not mention that? Yes, credit reports can include mistakes — some of which consumers never discover until it’s too late.

What if my credit report contains errors?

Many consumers have never checked their credit report or, at the very least, will check it once in a blue moon. If it’s been a while since you checked your credit report, you may be setting yourself up for trouble because your report could, even now, contain errors you don't even know exist.

Here’s a shocker: If your credit report contains a fraudulent account in your name that an identity thief set up, a single missed payment can cause your credit score to drop by a stunning 180 points. Even if you do catch it before a collections agency comes after you, a late payment can stay on your credit report for seven years.

Some common errors found on credit reports include:

  • Accounts belonging to someone else with a similar or identical name
  • Fraudulent accounts opened through identity theft
  • Closed accounts reported as open
  • Being reported as an account’s owner instead of an authorized user
  • Accounts incorrectly reported as late or delinquent
  • The same debt listed multiple times
  • Accounts with incorrect balances or credit limits

The list goes on!

It’s time to take action

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 ensuring that your credit reports are accurate.

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

At Consumer Attorneys, we connect our Philadelphia, PA, clients with local credit report lawyer teams. You will be able to speak with a credit report lawyer near you who can address your concerns including:

  • Disputes with credit reporting agencies that have generated unacceptable results
  • Support if you feel that a credit reporting agency or one or more of its information furnishers violated the Fair Credit Reporting Act
  • Financial compensation if you suffered financially and/or emotionally due to inaccuracies on one or more credit reports
  • Identity theft protection

Put your mind at ease and take advantage of a free case review. When consumers file a dispute with credit reporting agencies, those agencies have 30 days to prove that the information they have is correct. If they can’t, they must correct all known errors. Unfortunately, sometimes they don’t.

When an agency violates the Fair Credit Reporting Act, causing you personal or professional suffering due to credit report errors that were not properly resolved, you have the right to sue and receive financial compensation. Our credit report lawyer teams fight for consumers’ rights!

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.

We’re your powerful legal advocate

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

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

Shield yourself with our identity theft / legal protection plans

You and millions of other consumers possess information that identity thieves would love to get their hands on. Your Social Security number, credit-card numbers/offers, driver’s license number, medical insurance information, rewards account numbers, and other sought-after data is highly attractive to those who consider your suffering a negligible side effect of their gain.

According to the Aite Group, an independent financial services research and advisory firm, 47% of Americans experienced financial identity theft in 2020. Losses totaled $712.4 billion during that year — a 42% increase from 2019. Resolving identity theft issues and damaging credit report errors without legal representation can prove complicated and emotionally exhausting, and demand an immense amount of personal time. Our credit report lawyer teams are here for Philadelphians who need a powerhouse legal ally on their side to handle their cases expeditiously and thoroughly.

Our Philadelphia clients can take advantage of 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 continually reviews 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 Philadelphia, PA, clients have 24/7 access to U.S.-based certified identity theft resolution specialists who help resolve 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 throughEquifax, 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!

Let justice be served — contact our legal team today!

Those in Philadelphia, PA, 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!

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