FAQ

What is the FCRA?

FCRA stands for the "Fair Credit Reporting Act," and refers to legislation enacted in 1970 to protect consumers like you from abuse by the credit bureaus. Very simply, it provides you a method to dispute the "completeness or accuracy" of any item in your credit report with the credit bureaus and requires that they reinvestigate the item immediately. If the bureau can not verify the item within 30 days, they are required by law to delete it from your report.

At the heart, this is a simple process. However, there are some pit-falls for the unwary. For instance, what exactly does it mean to “verify” an item? Fortunately, our legal staff has over 25 years of experience in business law, including many years working directly with the Securities & Exchange Commission. This has given us a deep understanding of the concept of “burden of proof” and what it takes to establish it. In other words, we know how sophisticated companies operate from the inside and how to make sure they are playing by the rules.