The Fair Credit Reporting Act
With the rapid increase in the use of electronic financial transactions, our society has seen a corresponding increase in the frequency of identity theft and other types of financial abuses. If someone has stolen your vital information and opened accounts under your name without authorization, you are not without rights and legal options. You may be entitled to compensation from those financial institutions that have violated your rights under the Fair Credit Reporting Act.
Broadwater Law Group is a team of attorneys experienced in consumer fraud litigation. We use our knowledge and the legal system to protect the rights of our clients and to obtain fair compensation in cases involving corporate negligence.
If you have been the victim of identity theft, take the actions listed on our Identity Theft page. Then contact us. In a free consultation, we can review your situation, explain your rights and discuss how we can help you.
Your Rights Under the Fair Credit Reporting Act
Some of the most important rights enumerated in the Fair Credit Reporting Act include the following:
You have a right to obtain a free credit report — Given certain circumstances, such as the denial of credit based on information in the report, you are a victim of identity theft and you have placed a credit alert on your credit report, your file contains inaccurate information due to fraud and others. Everyone is also entitled to a free credit report once a year upon written request to the three credit bureaus (Equifax, Experian and TransUnion).
You have the right to dispute false information in your credit report — The problem here is that credit bureaus usually do not resolve the issue in a satisfactory manner. Our lawyers can represent you in litigation to correct the problem and seek compensation for you.
You have the right to damages if your rights under the act have been violated — Our attorneys vigorously represent victims of identity theft and corporate negligence, We will seek full compensation for you, including your financial losses and attorney fees, and whenever possible punitive damages as well.
Free Consultation – Contact Our Firm
To schedule a free consultation with a lawyer, contact Broadwater Law Group. We serve clients throughout West Virginia from our offices in Fayetteville and Princeton.