Credit Reporting Errors

Credit Reporting Errors

watch now

Play video

Credit Reporting Errors

watch now

Play video

Contact Us

+1 877-615-1725

Credit reporting inaccuracies are very common

They happen when something that happened in the world – let’s say, a debt settlement that was paid in full – is not properly reflected on an individual’s credit report. Inaccuracies can also happen when something did not happen, but is reported as if it did – in a way that harms an individual’s credit. For example, a repossession that never occurred is reported on a consumer’s credit report, causing their credit to deteriorate.

Inaccurate information within credit reports can force consumers to pay more for loans and mortgages, or block them from accessing lines of credit altogether. Credit reports that contain erroneous and damaging credit information may also stand in consumers’ way of getting jobs or insurance policies.

Fortunately, however, the law protects consumers when their credit reports contain inaccurate information. Under the federal Fair Credit Reporting Act (“FCRA”), consumer reporting agencies, as well as companies that provide them with consumers’ data, must report accurate information and fix errors that have been disputed.

It is prudent to regularly check your credit report. Under normal circumstances, consumers may order a free credit report every 12 months under the FCRA. During the Covid-19 pandemic, Equifax, Experian, and Transunion are offering free weekly online reports to consumers until April 2021.

Consumers may also obtain free credit reports if:

  • They’ve become unemployed and plan on starting a new job within 60 days
  • They are depending on public assistance
  • They are the victim of identity theft
  • They have been denied credit or employment based on information they disputed
Inaccuracies and problems in credit reports

Every Situation Is Different

Usually, if a consumer notices inaccurate information in their credit reports, they should submit disputes with all three major reporting agencies — Equifax, Experian, and TransUnion — as well as any other company they believe is responsible for the mistakes. However, the course of action required differs depending on an individual’s specific fact pattern and personal goals. Sometimes, disputing the errors with the credit reporting agencies would not be advisable.

Consumer Attorneys can help you identify the inaccurate information on your reports, advise you regarding the next steps, and guide you through the process of disputing the information with the credit reporting agencies or background reporting agencies.

Examples of Credit Reporting Errors

  • Repossession that never occurred but is reported
  • Paid account that is reported as an outstanding debt
  • Accounts that are discharged in bankruptcy but are reported as delinquent
  • Bankruptcy that never occurred
  • Incorrectly reporting accounts as charged off or in collections
  • Paid tax liens reported as outstanding debts
  • Reporting derogatory accounts older than 7 years
  • Reinsertion of previously deleted accounts 
  • Duplicate reporting of the same account
  • Forbearance or deferment on loans or accounts but reported as delinquent 
  • Materially misleading reporting

An Experienced Lawyer Can Help You

Our lawyers have worked on many different types of inaccurate reporting, with great success rates. With the help of Consumer Attorneys, consumers can fix errors in their credit reports, and they may even obtain compensation for damages caused by these reporting errors.

Credit report errors can keep consumers from moving forward. Contact an experienced attorney to help you through the process.

Daniel C. Cohen

Credit Reporting Errors

Daniel C. Cohen

Daniel Cohen is the founding partner of Consumer Attorneys and co-chairs the firm’s Consumer Finance practice. Daniel also manages the firm’s client intake and development efforts.
Get in touch

Related Articles


How to Correct a Deceased Indicator on Your Credit Report

Each year in the United States, between 7,000 and 14,000 people are surprised to learn that they are deceased according to the Social Security Administration.


There is an error on my credit report. How can Consumer Attorneys help?

Thanks to Consumer Attorneys, a client was able to recover from multiple credit report errors.


Credit reporting errors strike victims when they least expect it

Consumer Attorneys has helped countless victims of credit reporting inaccuracies and is here for you.


What are credit reporting errors?

Your credit report can contain some mistakes


What is a mixed file?

A mixed file can cause your credit score to plummet


What’s the difference between a FICO score and a credit score?

A FICO score can actually impact your credit score.


What are considered good credit scores?

Credit scores have different rankings and meanings


Real Stories About Credit Reporting Errors

Consumer Attorneys help clients sort out credit reporting issues


How has COVID-19 impacted credit reporting errors?

Amongst the many issues created by the pandemic, credit reporting mistakes are multiplying in the wake of new legislation and policy.


How Long Credit Reporting Disputes Take

It may be quicker than you think with the right partner


What’s the difference between a credit score and a credit report?

You may use the terms "credit report" and "credit score" interchangeably, but they're very different.

View all articles


  • How We Can Help

  • Second Question