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    The-Sky - s-The-Limit-Credit-Repair-Welcome Package #1

    Uploaded by

    Carol
    The document outlines several rights consumers have regarding their credit reports and files. Consumers have the right to dispute inaccurate information on their credit report. They can obtain a copy of their credit report from a credit bureau and may sue credit repair organizations for deceptive practices. Consumers can also add a statement to their credit file if they disagree with information after a reinvestigation.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    The-Sky - s-The-Limit-Credit-Repair-Welcome Package #1

    Uploaded by

    Carol
    112 views3 pages
    The document outlines several rights consumers have regarding their credit reports and files. Consumers have the right to dispute inaccurate information on their credit report. They can obtain a copy of their credit report from a credit bureau and may sue credit repair organizations for deceptive practices. Consumers can also add a statement to their credit file if they disagree with information after a reinvestigation.

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    The-Sky_s-The-Limit-Credit-Repair-Welcome Package #1

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    The document outlines several rights consumers have regarding their credit reports and files. Consumers have the right to dispute inaccurate information on their credit report. They can obtain a copy of their credit report from a credit bureau and may sue credit repair organizations for deceptive practices. Consumers can also add a statement to their credit file if they disagree with information after a reinvestigation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    112 views3 pages

    The-Sky - s-The-Limit-Credit-Repair-Welcome Package #1

    Uploaded by

    Carol
    The document outlines several rights consumers have regarding their credit reports and files. Consumers have the right to dispute inaccurate information on their credit report. They can obtain a copy of their credit report from a credit bureau and may sue credit repair organizations for deceptive practices. Consumers can also add a statement to their credit file if they disagree with information after a reinvestigation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    !

    CONSUMER CREDIT FILE RIGHTS UNDER STATE AND FEDERAL LAW


    You have a right to dispute inaccurate information in your credit report by contacting the credit
    bureau directly. However, neither you nor a 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 up to 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 violated 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 that 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.

    I confirm the fact that I agree and understand what I am signing, and acknowledge that I
    have received a copy of Consumer Credit File Rights.

    Client Signature: __________________________

    Date Signed: __________________________

    *A telefaxed copy of this agreement shall be considered an original.

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