The Firm Fights for Clients Who’ve Caught Errors on their Credit Reports
Scottsdale, AZ, August 26, 2020: Roughly 40 million Americans are dealing with an error in one of their credit reports—errors that not only cost families their well-deserved wages, but also their peace of mind.
“Hard-working families have been getting ripped off for far too long,” says Kevin McCarthy, Managing Partner at McCarthy Law PLC. “Errors on credit reports cost people real money by causing higher interest on loans, more expensive insurance costs and difficulties securing employment.”
Between the three main credit bureaus—TransUnion, Experian and Equifax—there are files on 200 million people in the U.S. In 2013, the Federal Trade Commission released a study finding that 20% of these files contained costly errors.
“Credit reporting errors are rampant!” says McCarthy. “People have a right to have their credit reports correct, and we want to make credit reporting bureaus report correctly.”
To protect American’s from being taken advantage of due to errors on their credit reports the team of paralegals and attorneys, at McCarthy Law PLC, are well versed at using the Fair Credit Reporting Act (FCRA) to fight for its clients.
The FCRA is a law put in place to protect consumers against mistakes on their credit reports. There are a few key points to know about the FCRA:
- The FCRA requires the consumer to monitor their own credit.
- As soon as a mistake is caught, the consumer must send a dispute letter to the credit-reporting agency before legal action can be taken.
- Creditors must then conduct a reasonable investigation into a dispute.
- The credit-reporting agency must also then prepare a credit report that is as accurate as possible.
Additionally, under the FCRA, the defendants — in this case the creditor and credit-reporting agencies — are required to pay for all litigation fees and costs. That allows McCarthy Law PLC to represent hard-working families, and obtain justice for the errors on their credit reports, with no out of pocket cost to the client.
McCarthy Law PLC will not only fight for consumers dealing with credit report error corrections, but the firm’s attorneys are also experienced at helping clients with debt negotiation, mortgage mediation, personal injury and general litigation matters.
“Too many attorneys get caught up in wanting to bill more or avoid giving a straightforward answer, but this was not the case with McCarthy Law,” says Sean Zimmerman, a client with McCarthy Law PLC.
“I truly felt they cared about me as a person and empathized with my situation. I felt a lot less like a client and more like a friend who was on the receiving end of great legal advice,” he adds. “That being said, they were bulldogs with the other side—which is exactly what I needed.”
About the Company:
McCarthy Law PLC helps people in difficult financial situations because of too much debt or errors on their credit reports. Many people find themselves in debt because of a variety of reasons—from job loss and personal or medical emergencies to divorce, declining home values and difficult economic environments.
McCarthy Law PLC believes that finances are a very personal matter that should be discussed with an experienced debt attorney. They are one of the rare debt settlement firms that can actually represent clients in lawsuits and defend them against creditors. By offering a free consultation and flat fee, the firm supports its clients while fighting aggressively and negotiating even the largest settlements.
Name: Kevin Fallon McCarthy
Address: 4250 N Drinkwater Blvd. Suite 320, Scottsdale, AZ 85251
Phone number: (855) 976-5777
Kevin Fallon McCarthy
Latest posts by Kevin Fallon McCarthy (see all)
- National Enterprise Systems (NES) - May 17, 2022
- 4 Signs of Predatory Mortgage Lending - December 21, 2021
- Who Pays for Student Loan Debt in Arizona Divorce? - November 22, 2021
- Can I Refinance My Student Loans with a Low Credit Score? - November 8, 2021
- How to Manage Student Loan Debt as a Freelancer - November 1, 2021