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Consumer Rights

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 any ''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 for

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 paid by check, or debit/credit card..

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 violates 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 the 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


The Public Reference Branch

Federal Trade Commission

Washington, D.C. 20580.

There are non-profit organizations that are available that are funded by minimal client fees, grants, other voluntary

contributions from creditors.
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Finivcredit Counseling Services , Finiv LLC. All rights reserved. Finivcredit does not provide tax or legal advice. If you are in need of legal advice, you must seek and contact a licensed attorney. Comments about the possible and/or potential outcome of Client's matters are based upon experience and prior success in previous clients in these matters. Finivcredit does not guarantee the permanent removal of accurate and verifiable information. Finivcredit can only assist in the removal of inaccurate, unverifiable and untimely items from Client's credit report, Clients agree to the participation in providing Finivcredit with all requested documents, forms, and information including investigation results that are essential for the accomplishment of an accurate credit report. Individual results will vary every case is different. Copyright © 2009 FINIVCREDIT All content in this website is copyright protected.

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