What kind of damages can you obtain in lawsuit for false credit reporting or background checks?
If you have already disputed false or inaccurate information that appears on your credit report, then you may be ready to file a case against the credit bureau under the Fair Credit Reporting Act. A credit reporting attorney can give you legal advice on your options for filing a claim.
If you file a claim, you can seek damages for any economic loss you have sustained. That may include compensation for any
- credit denial
- job loss for being fired,
- being denied insurance,
- losing a housing opportunity
- paying higher then warranted interest rate.
You may also seek non-economic damages, such as for humiliation, anxiety, loss of reputation, or embarrassment. Finally, if you are a business owner or working to start a business, then you may be able to pursue damages for losses related to credit that you were not extended due to the errors.
You may have suffered damages from lost time dealing with the errors on your credit report. Your friends and family may also report that you have lost sleep or are stressed and anxious due to the issues with your credit score. You can recover compensation for any of these harms.
What Additional Resources Are Available?
- Want to see a list of the credit bureaus who keep data on you? Check out our Credit Bureau List.
- If you need help deciding which reports you need, you can read our article on Credit Reports to Order.
- Need help getting your credit report, see our article on How to Get Your Credit Report.
You may have a case under the Fair Credit Reporting Act if you notice the following things on your background report:
- Fraudulent identity theft accounts on your credit credit report.
- Someone else's Information on your credit report.
- Paid accounts still showing a balance due.
- Reporting your accounts in good standing as charged off or in collections.
- Discharged debts still reporting as owed.
- Paid tax lies showing as still owed.
- Derogatory accounts more than 7 years old still on your report.
- Previously deleted accounts that have been reinserted on your report.
- Duplicate reporting of the same account.
If you would like help with one of these problems, call (888) 400-CREDIT | (888) 400-2733 or contact us through this site.
How Much Are Your Fees?
We only charge a fee if we are able to recover for you, and The Fair Credit Reporting Act requires the other side to pay your attorney's fees if you win. You pay nothing up front and we take our fee from the other side.
Follow Up and Monitoring
After your case is done, we will help you to regularly check and monitor your background checks with free annual reviews of your background checks and credit reports to insure that you stay free of false conviction information.
Work with a Credit Report Attorney
If you have been the subject of an inaccurate credit report, you may have be able to seek a correction and compensation for any harm. Our firm can help. For more than 25 years, the attorneys of Lyngklip & Associates have represented victims of bogus credit reports credit reports and been a resource for Michigan consumers who need the help of an experienced lawyer.
To learn more or to schedule a free initial consultation with a credit report lawyer, contact our law firm today or call (888) 400-CREDIT | (888) 400-2733 or contact us through this site. In Michigan, you can reach our office at (248) 208-8864.