CALL (855) 341-2611 FOR A FREE CONSULTATION

Credit Damage

Serving Los Angeles, Riverside, Ventura, San Bernardino Counties & Nearby Areas of California

Video - How Do You Check Your Credit Report for Inaccuracies?

In order to thoroughly understand your credit report, you need to contact the three major credit reporting companies and receive your reports. Then, you should compare them to ensure that they're correct. In this video, our attorney, Howard D. Silver, explains how important your credit score is and why you should pursue it being accurate.

 

Contact Howard Silver today for help with your credit fraud case. He proudly serves clients in San Bernardino and all of Los Angeles. Call today at (855) 341-2611.

Posted Date: 
Thursday, April 28, 2016
Category: 

Video – What Are My Rights if Debt Collectors are Harassing Me?

If you have debt collectors harassing you and your family, you may be wondering if you have rights. In this video, our attorney explains what you can do if a creditor is calling you far too often, contacting your family members, and committing other forms of harassment.

If you have a creditor that is abusing their power and is causing you immense amounts of stress, there are legal steps that can be taken to remedy this problem. Creditors cannot harass you and go over-the-top in their treatment of your debt. Call The Law Office of Howard D. Silver today for help! We are available at (855) 341- 2611.

Posted Date: 
Thursday, March 17, 2016

We Can Protect You from Unfair Debt Collectors

Sometimes, when a company is attempting to get a person to pay off their bills, they will sell the bill to a debt collection agency. This agency will then work to get you to pay your bill in a timely manner. While they’re supposed to do this in a pleasant and non-threatening way, many debt collection agencies have turned to intimidating and invasive tactics that can be illegal.

If you are suffering because a debt collection agency won’t leave you and your family alone, there may be legal grounds for a lawsuit. Our San Bernardino debt collection attorney can help you be free from your torment and seek out justified debt collection tactics.

A debt collection agency is required to inform those that are in debt about fair and easy ways to pay off their debts. They are also required to inform them of penalties and interest that may accrue due to late or incomplete payments. However, many agencies do not prefer to be paid in small amounts and will become overzealous in their pursuit of payment in full. They may call incessantly and even begin to make house calls. These types of practices are punishable and should be reported.

The debt collection agencies may also resort to illegal action in order to get payments completed. This may be because the agency gets paid based upon commission. No matter the reason, illegal activity on the part of the collection agency is something that our attorney, Howard D. Silver, can help you with.

Contact us today for a free case review and to determine if we can help you climb out from under the pressures of a debt collection agency. Call us at (855) 341-2611.

Posted Date: 
Wednesday, August 19, 2015
Category: 

Why Should You Get Free Credit Reports?

There are plenty of websites available that claim to offer free credit reports. While some of these may legitimately be offering free copies of your credit report, many of them will try to gather your financial information in order to either charge you for your credit report or to steal your information for fraudulent purposes.

According to the Fair Credit Reporting Act (FCRA), the three credit reporting agencies of the United States are required to give consumers a free credit report once every year. The Federal Trade Commission (FTC) is required to enforce this law to ensure its accuracy.

So, as long as you're receiving your free credit reports from the three nationwide credit reporting companies, TransUnion, Experian, and Equifax, you should be protecting your credit information properly. But, why should you receive these reports?

Benefits of Credit Reports

Our Riverside credit reporting attorney, Howard D. Silver, has had decades of experience with cases where people were blindsided by their credit taking a huge dip or suddenly discovering fraudulent activity that was negatively affecting their credit score.

Mr. Silver recommends that you make use of the free annual credit reports in order to keep tabs on your credit score. If you stagger your reports so you're receiving a report from each credit reporting company per year, then you can receive an accurate, up-to-date report every 4 months. This is a great way to ensure that no one has accessed your credit information without your knowledge.

Our Los Angeles Credit Reporting Lawyer Can Help

If you discover that your credit report has been affected by fraudulent activity, there are legal steps you can take to repair your credit score. Our attorney can help you recover damages and clear your credit report of all negative activity. To schedule a free case review, please contact Howard D. Silver today by calling (855) 341-2611.

Posted Date: 
Wednesday, June 3, 2015
Category: 

If My Debt Gets Sold, Does It Renew My Debt?

Oftentimes, a debt collection agency will sell debts to other debt collection agencies. Typically, if the debt is 90 days or more past due, agencies may pass the debt or even a whole portfolio of debts along to another agency.

If this happens, you may be wondering if it resets your debt in any way. The reality is that whichever date your charge became delinquent. It will also be the sole date considered when thinking about the statute of limitations on your debt, typically 7-10 years.

Having your debt transferred from one debt collector to another also will not affect your credit history in any way, positive or negative.

Debt collection agencies are regulated by the Fair Debt Collection Practices Act (FDCPA), which requires debt collection agencies to abstain from harsh or abusive debt-collecting practices.

If you are experiencing a debt collection agency that is harassing you or even trying to get you to pay debts that you’ve already paid, you may have recourse to file a lawsuit. Our Riverside unfair debt collection attorneys at The Law Firm of Howard Silver are here to help protect you and get you compensation for your suffering. Sometimes, debt collectors will buy a debt that has already been paid by you, or they’re just far too intimidating in their debt collection tactics. Whatever the scenario, our debt collection attorneys can help!

For assistance with your debt collection lawsuit, please contact The Law Firm of Howard Silver today by calling (855) 341-2611.

Posted Date: 
Monday, March 30, 2015
Category: 

Major Credit Reporting Companies Instituting Positive Reform

Justice mallet showing justice found by our Riverside, CA credit report attorney, Howard SilverIf you’ve ever had an error show up on your credit report, then you know how difficult the process is to dispute that error. With credit reports being one of the single most important aspects affecting your ability to purchase a car or home, having an accurate credit score is imperative.

Until now, the three major credit reporting companies, Equifax, Experian, and TransUnion, have made it unbelievably difficult for you to get errors on your credit report altered. On Monday, New York officials announced that the credit reporting companies are going to overhaul a lot of their practices in order to make credit report errors less common and easier to fix.

According to the Consumer Financial Protection Bureau, 52% of debt that appeared on credit reports was from medical changes. One of the major changes involved in the credit reporting companies’ overhaul is that they will wait 180 days before allowing medical bills to show up as unpaid on a credit report.

The other changes proposed for the overhaul include the following:

  • Adding employees that have extensive training on reviewing credit report complaints
  • Assigning employees to review disputes issued by creditor companies or banks
  • Removing medical debts from credit reports once they’re paid rather than leaving them for 7 years as is the current policy
  • Making it more obvious how to get an annual free credit report
  • Allowing a second free credit report if changes occurred to a credit report within the same year as the first credit report

How to Get Help from Our Riverside Credit Report Lawyer

At The Law Office of Howard Silver, our Riverside, California credit reporting attorney has had decades of experience helping clients remedy their credit report. Mr. Silver understands how to navigate this difficult side of the law and can help inform you of your rights under the fair credit reporting act. If you need assistance with a credit reporting lawsuit, please contact us today by calling (855) 341-2611.

Posted Date: 
Wednesday, March 11, 2015
Category: 

Addressing a Poor Credit Score during a Job Interview

You've spent hours refining your resume and perfecting a cover letter to show prospective employers that you're the best person for the job, but have you taken a look at your credit report? According to a Society for Human Resource Management study, approximately 47% of employers ask to see your credit report during the hiring process. If you have negative information on your credit report such as frequent late payments, accounts in collections, bankruptcies, or foreclosures, this may impact your candidacy.

Keep in mind that the Fair Credit Reporting Act prevents employers from accessing your credit report without your permission. As a result, you'll always know when an employer is looking at this information. If you know there is some negative information on your credit report, there are a few actions you can take to prevent this information from impacting your candidacy:

  • Review your credit report -- Request a free copy of your credit report from one of the major credit bureaus. Check to see if there are any errors on the report, and dispute any inaccuracies right away. It can take a month or two for these errors to be removed from your credit report, so you may need to be prepared to explain that there were errors during your interview.
  • Be honest -- Always speak openly and honestly with your potential employer regarding the negative information that they see on your credit report. While the credit report displays negative information, it doesn't provide the reason for the issue. This is your chance to explain the reasons for your poor credit score to your potential employer. This type of honest interaction can help the employer connect with you as a person.
  • Meet in person -- Request an in-person meeting to explain any issues on your credit report. This gives you an opportunity to reassure the employer that you're the right person for the job, and it gives the employer a chance to ask you any questions they may have about the issues on your credit report.
  • Provide a statement of hardships -- If you're not able to meet with the employer in person, include a statement of hardships with your application. This way you can explain the reasons behind your financial issues.

If you need assistance with a credit reporting issue in the Los Angeles area, Howard Silver can help. Mr. Silver has more than two and a half decades handling these cases, and he can protect your rights every step of the way.

Please contact the Law Office of Howard D. Silver using the form at the right side of the page or call (855) 341-2611 today to schedule a free credit reporting consultation. Mr. Silver serves clients in Los Angeles, Ventura, Riverside, and San Bernardino Counties and throughout California.

Posted Date: 
Friday, February 27, 2015
Category: 

9 Common Myths and Misconceptions about Credit Reports

The credit reporting system in this country is very complicated. There are three major credit bureaus that track your information and they all collect, analyze, and relay this data differently. Due to the convoluted nature of this system, there are many credit reporting myths that have developed. It's important to be aware of these myths and understand the truth about how they relate to your credit report.

  1. I don't need to check my credit report if I pay my bills on time.

    This is simply not true. There are many ways to develop inaccuracies in your credit report, and paying your bills on time doesn't protect you against problems incurred due to identity theft. The best way to catch and correct these issues in a timely manner is to check your credit report on a regular basis.
     

  2. Checking my credit report can damage my credit score.

    It's important to understand the difference between a hard check and a soft check of your credit report. A hard credit check occurs when lenders review your credit information. Soft credit checks occur when you review your own information. It's possible for several hard credit checks made in close succession to damage your credit score, but soft checks are considered an important way for you to monitor your information and therefore don't count against your credit score.
     

  3. A debt will be removed from my credit report once I pay it off.

    Negative entries can remain on your credit report for 7-10 years. Therefore, it is common for large debts, delinquencies, foreclosures, and bankruptcies to stay on your credit report long after they are resolved.
     

  4. There will only be one entry per debt displayed on my credit report.

    It's possible to have 2 negative entries on your credit report for the same debt. This commonly occurs when the debt is sold to a collection agency. In these situations, both accounts may appear on your report.
     

  5. Cancelling an old credit card will damage my credit score.

    This is one of the most common credit reporting myths, and nothing can be farther from the truth. Cancelling your oldest credit cards will not damage your credit score in any way. That being said, closed accounts often remain on your credit report longer than negative entries. Keep in mind that closing a credit card with a high limit while you have outstanding debt can impact your credit utilization ratio. To guard against this factor potentially damaging your credit score, always close accounts with a small line of credit or when you have a zero balance on all your cards.
     

  6. Working with a credit repair agency will improve my credit score.

    Hiring a reputable credit repair agency can help you resolve inaccuracies on your credit report in order to repair a poor credit score. However, these companies generally won't be able to get factually accurate information removed from your credit report since these negative entries are legally entitled to be there.
     

  7. Bad debts automatically get removed from my credit report after 7 years.

    This is simply not true. While credit bureaus may remove negative information from your report after 7 years, they aren't required by law to do so. As a result, this information may sometimes remain on your report after this 7 year period has passed.
     

  8. Small debts, such as outstanding parking tickets, don't count against my credit score.

    This is not always true. Unpaid library fines, parking tickets, and other small debts can be turned over to collection agencies. In this situation, they could appear as a negative entry on your credit report.
     

  9. All credit reports are the same.

    As stated earlier, there are 3 major credit bureaus that provide information to lenders, creditors, landlords, and others who may be entitled to access your credit information. Each of these bureaus tracks different information and presents it in their own unique way. In order to stay on top of your credit information, you should request a free copy of your credit report from each of the major bureaus (Equifax, Experian, and Transunion) once a year.

If you need assistance with a credit reporting issue, please contact the Law Office of Howard D. Silver by email or call (855) 341-2611 today to schedule a free consultation. Mr. Silver serves clients in Los Angeles, Riverside, Ventura, and San Bernardino Counties, and throughout California.

Posted Date: 
Thursday, January 22, 2015

Which Credit Score Should I Pay Attention To?

When it comes to your credit score, you should absolutely pay attention to all of the numbers provided by the various credit reporting agencies. While it's certainly true that different credit reporting agencies might assign a different credit score, the numbers should not vary greatly from one another. If they do, you should take the time to investigate the discrepancy.

In general, you do not necessarily have control over which of your credit scores will be utilized by a potential lender. The lender might choose to honor your highest score, may elect to use your lowest score, or may decide to create a score based on the average of two or more scores.

If you have an issue with your credit score and you need help from a Los Angeles credit reporting attorney, please Howard Silver as soon as possible. It's important to not ignore a negative issue for too long because the problem is not likely to go away on its own.

Key factors to remember when it comes to credit scores and credit reporting:

  • You should always self-monitor your credit score
  • If you notice a significant drop in your credit score, make sure to investigate the reason
  • You can raise your credit score by not taking on too much debt and paying all of your loan payments on time
  • It's important to correct errors on your credit report

Your credit score and your credit report are both very important. Your score can affect the interest rates you are offered by lenders and credit card companies. The amount of credit offered to you can also be affected by your credit.

For help with a credit reporting issue, please contact The Law Office of Howard D. Silver today to schedule a free consultation. Mr. Silver serves clients in Los Angeles, San Bernardino, Ventura, and Riverside Counties, California.

Posted Date: 
Monday, December 15, 2014
Category: 

Steps to Take after Repairing a Bad Credit Score

Repairing a poor credit score is hard work. It often takes years to do restore good credit and involves a combination of correcting credit reporting issues and establishing a history of making sound financial decisions. Now that you're seeing the fruits of these labors and have your credit back on track, what should you do to make sure you maintain a good credit score moving forward?

There are two important steps you should take once you've established a good credit rating:

  • Pull your credit report on a regular basis
  • Review your interest rates

You're entitled to receive 1 free credit report from each of the three major credit bureaus (Experian, Equifax, and TransUnion) once a year. That means you're allowed to get one free credit report every four months. Take advantage of these reports so that you can continually monitor your credit.

It's common for debts and accounts which have been settled to return to your credit report. If this happens, you'll need to provide the credit bureau with proof that you paid these debts in order to have them removed from your report.

Reviewing your interest rates is also an important step to take. If you opened accounts or took loans several years ago, you are most likely paying interest rates based on your credit rating before you repaired your poor credit score. With a better credit score, you may be entitled to lower interest rates on many loans and credit cards. By refinancing loans or adjusting your interest rates on credit cards, you can save money on the life of the debt.

If you need help with a credit reporting issue, Howard Silver can make sure your rights are protected. With more than 25 years of experience handling these cases, he can guide you through the process and help you along the path to maintaining good credit.

Please contact the Law Offices of Howard D. Silver today to schedule your free credit reporting consultation. Mr. Silver serves clients in Los Angeles, Ventura, Riverside, and San Bernardino counties, and throughout California.

Posted Date: 
Wednesday, October 15, 2014
Category: 

Pages

Subscribe to Credit Damage