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Repair Your Credit by Suing Credit Bureaus and Creditors For $1,000s!
It's easy and people do it every day!
The secret profitable weapon to use in repairing your credit. Consumers are being hurt right and left by the carelessness of Creditors, Credit Bureaus and unethical practices of Collection Agencies. By pointing out these violations, you can make them back down and remove negative entries. Fight back! The law specifically allows you can take these losers to court and win money! Wouldn't you like to use the money you win from your creditors to pay off your debts?! One man won $9,000 from debt collectors using our eBook. Another just won $1,500. Another won a little over $5000. Look at the case that the Federal Trade Commission used against the collection agency CAMCO. Many of the violations we list here were cited!
Suing in small claims court is often called the "poor man's class action lawsuit."
You know the old sayings, "Money talks" and "Vote with your dollars." Well, most companies (the credit bureaus and creditors included), are not going to change their ways unless it is in their best interest to do so. All of these companies have stockholders to report to, so if one of their practices is costing them a better bottom line, you better believe they will act to change their ways. One of these ways is for you the consumer, to take action legally against these companies when your rights have been violated.
Profit while helping others
The best news is that typically, each violation can be a $1,000 fine, so it's money in your pocket. In addition, you are going to help make someone else's life better by suing someone who has broken the law. If everyone took action when their rights were violated, the credit bureaus would lose a fortune in legal disputes. It's time to protect your rights as a consumer as well as protecting the rights of your fellow United States citizens.
So Who Can You Sue and What Can You Sue For?
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Who
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Why
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Precedent/Law
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Fine
|
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Creditors if they report your credit history inaccurately
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Defamation, financial injury |
US Court of Appeals, Ninth Circuit, No. 00-15946, Nelson
vs. Chase Manhattan
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Extent of damages incurred by the wronged party as deemed
by the courts
|
| Creditors, if you dispute a debt, and they fail to report it as disputed to the credit bureaus | Protection under the FCRA | FCRA
Section 623. | $1,000 |
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Creditors if they pull your credit file without
permissible purpose
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Injury to your credit report and credit score
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FCRA
Section 604
(A)(3)
|
$1,000 |
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Credit bureaus if they refuse to correct information after
being provided proof
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Defamation, willful injury |
FCRA Section 623
CUSHMAN, v. TRANS UNION CORPORATION US Court of Appeals for the Third Circuit Court Case 115 F.3d 220
June 9, 1997, Filed (D.C. No. 95-cv-01743).
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Extent of damages incurred by the wronged party, as deemed
by the courts
|
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Credit bureaus if they reinsert a removed item from your
credit report without notifying you in writing within 5 business days.
|
Consumer protection afforded by the FCRA
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FCRA Part (A)(5)(B)(ii)
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$1,000
|
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Credit bureaus if they fail to respond to your written
disputes within 30 days (a 15 day extension may be granted if they receive
information from the creditor within the first 30 days)
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Consumer protection afforded by the FCRA
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FCRA
Section 611
Part (A)(1)
|
$1,000
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Collection Agency can NOT be BOTH
purchaser and 'assignee'
it's one or the other | Protection under the FDCPA | Gearing v. Check Brokerage Corp
233 F.3d 469 (7th Cir. 2000) | $1000 |
Misrepresentations by the collector about
themselves or the debt
are actionable regardless
of intent | Protection under the FDCPA | Gearing v. Check Brokerage Corp
Cacace
v. Lucas, 775 F. Supp. 502, 505 (D. Conn. 1990) | $1000 |
|
Creditors or collection agencies, and credit bureaus if
they try and “Re-age” your account by updating the date of last activity on
your credit report in the hopes of keeping negative information on your
account longer
|
Consumer protection afforded by the FCRA
|
FCRA Section 605
(c) Running of the reporting period |
$1,000
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| If you dispute a debt, the collection agency fails to report it disputed to the credit bureaus | Protection under the FDCPA | FDCPA
Section 807(8) | $1,000 |
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Collection agencies if they do not validate your debt yet
continue to pursue collection activity (file for judgments, call or write
you)
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Consumer protection afforded by the FDCPA
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FDCPA
Section 809 (b),
FTC opinion letter Cass from LeFevre
|
$1,000
|
|
Collection agencies if you have sent them a cease and
desist letter and they still call you
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Consumer protection afforded by the FDCPA
|
FDCPA
Section 805 (c)
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$1,000
|
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Collection agencies if they have not validated your debt
and they still continue to report to the credit bureaus
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Consumer protection afforded by the FDCPA
|
FDCPA Section 809 (b),
FTC
opinion letter Cass from LeFevre
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$1,000
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Collection agencies if they:
- Cash a post-dated check before the date on the check
- Cost you money by making you accept collect calls or
COD mail
- Take or threaten to take any personal property
without a judgment
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Consumer protection afforded by the FDCPA |
FDCPA 808 Section |
$1,000
|
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If a collector calls you after 9 PM at night or before 8 AM
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Consumer protection afforded by the FDCPA
|
FDCPA
Section 805. (a)(1) |
$1,000
|
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Calls you at your place of employment if the debt
collector knows or has reason to know that your employer prohibits the
consumer from receiving such communication.
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Consumer protection afforded by the FDCPA
|
FDCPA
Section 805. (a)(3)
|
$1,000
|
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Calls any third part about your debt like friends,
neighbors, relatives, etc. However
they can contact your attorney, a consumer reporting agency, the creditor,
the attorney of the creditor, or the attorney of the debt collector.
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Consumer protection afforded by the FDCPA
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FDCPA
Section 805. (b)
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$1,000
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The collection agency can not use any kind of harassment
or abuse**
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Consumer protection afforded by the FDCPA
|
FDCPA
Section 806
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$1,000
|
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Collector cannot claim to garnish your wages, seize
property or have you arrested ***
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Consumer protection afforded by the FDCPA
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FDCPA
Section 807
|
$1,000
|
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Collector must you in a county in which you lived when you
signed the original contract for the debt or where you live at the time when
they file the lawsuit
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Consumer protection afforded by the FDCPA
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FDCPA
Section 811 (a) (2)
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$1,000
Also a good grounds for getting a judgment vacated
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** (1) The use or threat of use of violence or other criminal means to harm the physical person, reputation, or property of any person. (2) The use of obscene or profane language or language the natural consequence of which is to abuse the hearer or reader. (3) The publication of a list of consumers who allegedly refuse to pay debts, except to a consumer reporting (4) The advertisement for sale of any debt to coerce payment of the debt. (5) Causing a telephone to ring or engaging any person in telephone conversation repeatedly or continuously with intent to annoy, abuse, or harass any person at the called number. (6) Placement of telephone calls without meaningful disclosure of the caller's identity.
***If the collection agency get a judgment against you, then they will be able to garnish your wages and seize property, but until that time, no.
Do you have a question you feel we haven't answered?
For a small fee, you can talk to a counselor on the phone or Buy the Book!
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