Local Law Firm to Offer No-Cost Legal Representation Nationwide to 40 Million Americans Victimized by Credit Reporting Errors
McCarthy Law PLC announced today that the firm will now offer no-cost legal representation to consumers nationwide victimized by credit reporting errors. According to a recent report by Consumer Union, about one in five, or an estimated 40 million consumers, had an error on one of their credit reports. McCarthy Law PLC, is determined to eradicate credit reporting errors and the troubles they cause.
Scottsdale, AZ, November 07, 2015 --(PR.com)-- McCarthy Law PLC announced today that the firm will now offer no-cost legal representation to consumers nationwide victimized by credit reporting errors.
According to a recent report by Consumer Union, about one in five, or an estimated 40 million consumers, had an error on one of their credit reports. The report indicates that “credit report mistakes can have dire consequences for consumers,” including higher interest rates on mortgage loans due to a lower credit-rating category, higher auto insurance payments, not qualifying for loans, the loss of a potential new job, and even the inability to perform simple online identity verifications.
Kevin Fallon McCarthy, managing partner for McCarthy Law PLC, is determined to eradicate credit reporting errors and the troubles they cause, nationwide. “My firm stands for the proposition that we can wipe out credit reporting errors completely within five years,” said McCarthy. “The key to eradication is widespread no-cost legal representation for the victims of credit reporting errors.”
McCarthy passionately believes that lack of financial sophistication or resources should never stand in the way of fixing a credit error. “The consumer will never reach into his pocket to give us any money,” McCarthy continued. “It irks me that these errors are completely avoidable. If the credit bureaus would reform their policies, these errors would completely go away.”
Once the firm gets involved on behalf of a consumer, the error is typically corrected within 45 days. When it’s not, the firm will sue the offending creditor and credit bureaus for violating federal law set in the Fair Credit Reporting Act (FCRA) by not fixing the error when it was first brought to their attention. The firm advances the costs of the suit and demands damages and attorneys’ fees on behalf of the client. When the case resolves, the firm first gives the client at least $1000 in damages or more (depending on how many errors and defendants are involved), then uses the remaining balance to re-pay its own costs and fees.
McCarthy Law PLC, with its national footprint, knowledge and resources, is uniquely qualified to make the nationwide eradication of credit report errors a reality. “Anyone with an error in their report should reach out to us for help,” McCarthy adds. “If you haven’t checked your credit report in the last 12 months, you should. If errors show up in it, there is now no reason to let those errors victimize you in the future.”
More Information:
Consumer Union Report: http://consumersunion.org/wp-content/uploads/2014/04/Errors-and-Gotchas-report.pdf | McCarthy Law PLC: http://www.mccarthylawyer.com | Free credit report: http://www.annualcreditreport.com
Contact:
Kevin Fallon McCarthy
602.456.8900 kevin.mccarthy@mccarthylawyer.com
www.mccarthylawyers.com
According to a recent report by Consumer Union, about one in five, or an estimated 40 million consumers, had an error on one of their credit reports. The report indicates that “credit report mistakes can have dire consequences for consumers,” including higher interest rates on mortgage loans due to a lower credit-rating category, higher auto insurance payments, not qualifying for loans, the loss of a potential new job, and even the inability to perform simple online identity verifications.
Kevin Fallon McCarthy, managing partner for McCarthy Law PLC, is determined to eradicate credit reporting errors and the troubles they cause, nationwide. “My firm stands for the proposition that we can wipe out credit reporting errors completely within five years,” said McCarthy. “The key to eradication is widespread no-cost legal representation for the victims of credit reporting errors.”
McCarthy passionately believes that lack of financial sophistication or resources should never stand in the way of fixing a credit error. “The consumer will never reach into his pocket to give us any money,” McCarthy continued. “It irks me that these errors are completely avoidable. If the credit bureaus would reform their policies, these errors would completely go away.”
Once the firm gets involved on behalf of a consumer, the error is typically corrected within 45 days. When it’s not, the firm will sue the offending creditor and credit bureaus for violating federal law set in the Fair Credit Reporting Act (FCRA) by not fixing the error when it was first brought to their attention. The firm advances the costs of the suit and demands damages and attorneys’ fees on behalf of the client. When the case resolves, the firm first gives the client at least $1000 in damages or more (depending on how many errors and defendants are involved), then uses the remaining balance to re-pay its own costs and fees.
McCarthy Law PLC, with its national footprint, knowledge and resources, is uniquely qualified to make the nationwide eradication of credit report errors a reality. “Anyone with an error in their report should reach out to us for help,” McCarthy adds. “If you haven’t checked your credit report in the last 12 months, you should. If errors show up in it, there is now no reason to let those errors victimize you in the future.”
More Information:
Consumer Union Report: http://consumersunion.org/wp-content/uploads/2014/04/Errors-and-Gotchas-report.pdf | McCarthy Law PLC: http://www.mccarthylawyer.com | Free credit report: http://www.annualcreditreport.com
Contact:
Kevin Fallon McCarthy
602.456.8900 kevin.mccarthy@mccarthylawyer.com
www.mccarthylawyers.com
Contact
McCarthy Law PLC
Kevin Fallon McCarthy
602.456.8900
http://www.mccarthylawyer.com
Kevin Fallon McCarthy
602.456.8900
http://www.mccarthylawyer.com
Contact
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