2. Placing Incorrect Information and/or Failure to Correct Errors on Credit Report Claims
The FCRA exists to promote the accuracy and fairness of the information appearing on your credit reports. As such, the FCRA has many rules and regulations regarding the information that is allowed to be included on your credit reports, and outlines the steps that must be followed when errors occur.
For example, when inaccurate information occurs you have the right to file a dispute with the credit reporting agencies directly and request for any errors to be corrected. If you follow the proper steps to dispute a legitimate inaccuracy, especially one that can be proven, and the creditor or collection agency refuses to fix it, then they have violated the FCRA and you may be able to take further action against them.