Steps for Credit Account Reviews

Eliminating errors from your credit report is essential to your financial stability. Consistently reviewing your credit prevents the unexpected when you need to make large purchases, significant life changes occur, and to locate and stop identity theft quickly. A Florida credit report error victims lawyer with our firm can advocate for corrections to your credit and take the necessary steps to hold credit bureaus accountable for harmful errors we locate through a credit account review.

Obtain a Free Credit Report

You may obtain a free copy of your credit report each year from each of the three credit reporting agencies. Your credit account contains your financial history. It also includes personal identifying information. Discrepancies in your name, address, or balances you owe are common signs of identity fraud on your credit report.

Dispute Credit Errors

Contact each credit bureau individually. One way to make contact is by using the following links:

A review of your credit account and reports by a Florida credit report error lawyer allows a member of our firm to draft a dispute letter for you, taking critical steps after spotting a credit report error. The credit bureau reporting the error must work to correct the mistakes.

Common Signs of Mistakes and Fraud Found in a Credit Account Review

Credit reporting agencies must report accurate information on your account. Locating common mistakes and violations of the Fair Credit Reporting Act (FCRA) is imperative and can lead to a credit bureau’s liability for these errors. A Florida credit report lawyer can take legal action against a reporting agency that violates this act and fails to work toward correcting mistakes.

A credit account review can also play a crucial role in identifying identity theft. Addressing balance errors, identifying accounts with unknown creditors, and other account errors can stop identity theft and help restore your credit.

The Impact of Credit Account Reviews on Your Credit Score

Reviewing your credit report has no impact on your credit score. Pulling a soft inquiry on your credit provides an informational source that allows us to review your information for accuracy. Hard inquiries, which occur when you take out a loan or apply for credit, can impact your score.

Removing Derogatory Marks

Derogatory marks may result from a failure to pay a creditor or a reporting error. If the derogatory marks are accurate, they will remain on your credit report. If a mistake or fraud occurs, a credit report error lawyer in Florida with our team can draft a letter to notify the credit bureau responsible for investigating.

Credit Account Reviews and Raising Your Credit Score

You obtain purchasing power the higher your credit score is. Identifying errors allows you to raise or restore your credit score after completing an investigation. Credit bureaus must act within legal timelines to address mistakes efficiently. Failing to do so can result in our team taking legal action on your behalf against the credit bureau for your damages.

Schedule a Credit Account Review in Florida

Sharmin & Sharmin P.A. are experienced Florida credit report and ID theft litigation attorneys fighting for consumer rights. Schedule a free consultation to learn about our services. A Florida credit report error attorney with our team can identify critical errors impacting your credit report and score.