Minneapolis Credit Report Lawyer

When you are seeking a new credit card or a mortgage loan, you want to put your best foot forward and ensure that your credit report is in order. However, what if you discovered that you were denied a loan or credit based on the mistakes of a credit reporting agency? Or, you found errors on your credit report? 

Unfortunately, these situations are very common. Credit agencies make mistakes on credit reports consistently. When credit agencies make errors on your credit report, a Minneapolis credit report lawyer from Berger Montague can help you hold these agencies accountable.

woman reviewing her credit report

Contact a credit report lawyer for help with your case in Minneapolis.

How Often do Credit Agencies Commit Errors on Credit Reports?

According to a study conducted by the Federal Trade Commission (FTC), about 25% of American consumers noticed errors on their credit reports. The study also discovered that nearly one in five American consumers noticed an error that a credit agency had to correct after the consumer disputed the mistake. 

What Types of Errors do Credit Agencies Typically Create on Credit Reports?

Errors can affect almost any item of information that appears on a credit report, including: 

  • Inaccurate information regarding the status of an account
  • Incorrect information about an account balance 
  • Accounts or other information that does not belong to you
  • Inaccurate personal information, including inaccurate name, address or social security number.  Reports can even have inaccurate information about whether you are living or dead! 

Although some of these errors may seem small, they can impact your credit score and credit history in a major way. Call a Minneapolis credit report lawyer from Berger Montague today when dealing with issues related to your credit report.

How Can Credit Report Errors Affect Your Credit Score?

The errors on your credit report can lower your credit score, especially if the errors include negative information about accounts or payment status. When your credit score is lower, you can be forced to pay higher credit card interest rates, higher mortgage interest rates, and higher car insurance premiums. You are also at risk of being denied a particular credit card and loan offers. 

Because some landlords and employers look at credit reports, you may even be at risk of losing out on a job opportunity or the housing of your choice. 

What Leads Credit Agencies to Mistakenly Report Someone as Deceased?

One major mistake that many consumers experience is being mistakenly reported as deceased on their credit reports. Being mistaken as deceased is a costly mistake that can affect every aspect of your credit report. Often, if you are marked as deceased, a credit agency will not issue a score for you, which will make it very difficult to obtain credit.

To resolve this issue, you should contact a Minneapolis Credit Report Attorney. 

How a Minneapolis Credit Report Attorney Can Help

When credit agencies commit errors on your credit reports, it can turn your life upside down. You may have to spend months or perhaps years fixing an issue that the credit agency should not have committed in the first place. 

At Berger Montague, our credit report attorneys in Minneapolis understand that you want to fix your credit report as soon as possible while also holding the credit agencies accountable for their mistakes. Our office in Northeast Minneapolis is the home base for some of the most experienced credit reporting attorneys in the country.  

Here are some ways we can help you accomplish your goals:

Investigating Your Credit Report

Our Minneapolis credit report lawyers are capable of evaluating your credit report and searching for inaccuracies.  

One of your rights as a consumer is the right to request a copy of your credit report from the credit agency. We can help you obtain a copy of your credit report, and we can review your credit report for errors.

Filing a Claim for Money Damages

Some victims of credit report errors are so focused on removing the errors from their credit reports that they may fail to pursue other legal actions against credit agencies. However, you have the right to file a claim against credit agencies for money damages. You are permitted to file a claim against credit agencies if it has been proven that the credit agency’s mistake has caused you financial harm. 

Our Minneapolis credit report lawyers are qualified to file your claim and fight for your compensation.

Contact Us to Inquire About a Credit Reporting Individual or Class Action Lawsuit

Do not hesitate to contact us about a potential case. At Berger Montague, our credit reporting individual lawsuits and class actions are brought on a contingency fee basis. That means our clients do not pay out-of-pocket attorneys’ fees or litigation costs, and we only take a fee if the case is successful. Attorneys’ fees and costs are paid from the recovery obtained in the lawsuit or class, and for class actions, are subject to court approval.

Submit our contact form to schedule a consultation with a Minneapolis credit report lawyer at Berger Montague today.