New Age Credit Corporation Provides credit repair by advocating formal disputes to major credit reporting agencies.
Valentine Legal Group, LLC Law firm specializing in credit report disputes, debt collection harassment and family law. Located in Riverdale.
Wikipedia Links
Credit Report A credit report summarizes historical financial information collected to determine an individual's or an entity's credit worthiness; that is, the means and willingness to repay an indebtedness. Financial institutions utilize credit reports to gauge credit reputation, and thus determine whether to extend credit, and on what terms. With the adoption of risk based pricing on almost all lending in the financial services industry, this report has become even more important since it is usually the sole element used to choose the interest rate.
Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) is an American federal law that protects information collected by consumer reporting agencies such as credit bureaus, medical information companies and tenant screening services. Information in a consumer report cannot be provided to anyone who does not have a purpose specified in the Act. Companies that provide information to consumer reporting agencies also have specific legal obligations, including the duty to investigate disputed information. Also, users of the information for credit, insurance, or employment purposes must notify the consumer when an adverse action is taken on the basis of such reports. Further, users must identify the company that provided the report, so that the accuracy and completeness of the report may be verified or contested by the consumer.