Credit reporting companies maintain the credit histories of nearly 240 million Americans. It is estimated, however, that 12 million people have credit-damaging errors on their credit reports.
On top of this, it is estimated that nearly 15 million people a year fall victim to identity theft. Credit reporting errors and identity theft often result in the following:
The Fair Credit Reporting Act provides consumers the right to receive copies of their consumer reports and to dispute any inaccuracies. Lyngklip & Associates helps people identify and dispute errors on their reports and sue companies that refuse correct those mistakes. Consumers can recover monetary compensation for harm to their credit, reputation and the frustration and humiliation caused by false reporting. In some cases, consumers may also recover statutory or punitive damages.
Below is a list of common cases that we handle under the Fair Credit Reporting Act. These cases can either pertain to credit reporting errors or identity theft.
Under the Fair Credit Reporting Act, you are entitled to recover certain damages. If your case is successful in court, the other side will pay your attorney’s fees. At Lyngklip & Associates, our clients do not pay out of pocket for fees and pay nothing unless we recover damages on their behalf.
We also pay referral fees to referring attorneys. After completing the checklist below, clients may contact our office for a free initial consultation one of our experienced attorneys.
This information is used for us to gauge where you are in the process so we can better help you through the process.
In this important educational series, Michigan consumer law attorney Ian Lyngklip of Lyngklip & Associates discusses important considerations regarding Credit Errors.
What information is in credit denial letters and how can it help you improve your credit score and credit repair? This video will help you learn how to read credit denial letters and use them to get free copies of your credit reports.
You can find more consumer credit information and tips on the Consumer Insider channel. There, Ian breaks down the ways that car dealers, credit bureaus, and debt collectors cheat consumers and violation the law.