Inaccurate, incomplete or unverifiable information must be removed or corrected, usually within 30 days. However, the consumer reporting agency is not required to remove accurate derogatory information from your file unless it is outdated or cannot be verified. A consumer…
Posts Categorized In: Credit
California Debt Blog: You have the right to dispute incomplete or inaccurate information on your credit report
If you identify information in your file that is incomplete or inaccurate, and report it to the consumer reporting agency, the agency must investigate unless your dispute is frivolous. See www.ftc.gov/creditforan explanation of dispute procedures.
California Debt Blog: You have the right to ask for your credit score
Credit scores are numerical summaries of your credit-worthiness based on information from credit bureaus. You may request a credit score from consumer reporting agencies that create scores or distribute scores used in residential real property loans, but you will have…
California Debt Blog: You have the right to know what is in your credit report and credit file
You may request and obtain all the information about you in the files of a consumer reporting agency. You will be required to provide proper identification, which may include your Social Security number. In many cases, the disclosure will be…
California Debt Blog: You must be told if information in your credit file file has been used against you
Anyone who uses a credit report or another type of consumer report to deny your application for credit, insurance, or employment – or to take another adverse action against you – must tell you, and must give you the name,…
California Debt Blog: A Tenant Must Be Told Where to Pay Rent that is Late
The notice must tell you where you can pay the rent either in person, with the usual hours, or the information on the bank that will take payment. The landlord cannot normally require cash payment.
California Debt Blog: The Rent Must Be Accurate on a 3 Day Notice to Pay Rent or Quit
The most important item on a 3day notice for failure to pay rent is the amount due. The notice “must accurately state the amount of rent that is due.”
California Debt Blog: How Much Notice Must a Landlord Give a Tenant?
This may be the most common question I get from tenants. How much notice does my landlord need to give me before I have to move? Let me start with this: The first step in any eviction is for you…
California Debt Blog: 5 More Mistakes People Make With Their Credit
I previously wrote about mistakes people make with their credit when they are trying to increase their credit score. There are some very basic things you can do that most people think are helping them, but really are not helping…
California Debt Blog: Is your credit report accurate?
According to experts, 80% of credit reports have problems. Over 1/4 of credit reports have problems that are significant enough to have a serious financial impact on individuals. This can also impact your business and your ability to get loans….