If I have been turned down for a property mortgage, can I sue the business who put phony details on credit score report?
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It is very frustrating to be turned down for a property mortgage simply because of phony information and facts on your credit score report.
Can you sue whichever business put the bogus information and facts on your credit score report?
It is dependent.
If it is an unique creditor (not a debt collector) then you should usually dispute with the credit score reporting agencies initially. This will be the organizations these types of as the infamous Equifax, Experian, TransUnion, and so on. If it will get mounted, that is terrific and no lawsuit. If it does not get mounted, then you could can sue below the FCRA (Honest Credit rating Reporting Act).
But if the business who put the bogus information and facts is a debt collector, occasionally you can sue right below the FDCPA (Honest Debt Assortment Tactics Act).
Very best detail to do is to get with a customer protection lawyer who knows about suing below the FDCPA and FCRA to find out your options now.
Hope this can help!
John G. Watts
Watts & Herring, LLC
Serving buyers throughout Alabama
“No representation is manufactured that the high-quality of the authorized products and services to be performed is larger than the high-quality of authorized products and services performed by other attorneys.”