Small businesses with credit reporting errors could be denied low-interest loans during COVID-19. Fenters Ward has specialized in credit reporting issues for years and is ready to help in Pennsylvania.
Our law firm represents thousands of Pennsylvanians who are harmed by predatory business practices.
For years, a corner-stone of our law practice has involved identifying and correcting credit reporting errors. We are poised and ready to help anyone experiencing credit reporting errors.
Credit reporting errors are common. Many people don’t know that errors exist on their reports until they apply for a loan or credit card. When COVID-19 hit, many were denied small business loans because of errors on their reports.
There are two types of credit reports: one for a business entity, and one for an individual consumer.
The major CRAs for individual consumer reports are: Experian, Equifax, Transunion and Innovis. You can access a free credit report on the government website Annual Credit Report.
YOU MUST save those credit reports as a PDF or print them before leaving the site, or else you will have to pay fifty ($50.00) dollars to access them again.
The major Credit Reporting Agencies for business profiles are: Dunn & Bradstreet, Experian and Equifax. Contact our firm to learn how to access these reports.
You need a law firm that is ready to take this on. First, we have a system and team in place to audit for errors very quickly. Second, we need to ‘dispute’ the errors properly with the right credit reporting agencies (if you have not already done so). If the errors are not corrected within the timed-deadline, a lawsuit will be necessary. You could receive monetary compensation at no cost to you, as well as credit repair.
The summary of your rights under the Fair Credit Reporting Act published by the Federal Trade Commission can be viewed here:https://www.consumer.ftc.gov/articles/pdf-0096-fair-credit-reporting-act.pdf
Be aware, although the courts are closed, the time limitations to file a claim are still in place. Do not delay in contacting an attorney. Call our law firm at 412-545-3016. Let us win your next fight.