Has anyone successfully sued any credit reporting agency?
by Author on Friday, July 30th, 2010 | 4 Comments
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Equifax is not responsible for the reporting– the individual account holders are. If Equifax verified the information it is because the account holder is repeatedly confirming the account.
You could sue, but they’d likely just show up with the verification information they received from the account holders and they’d be off the hook.
In my opinion… the banks are responsible for this ‘identy theft’ problem!
They : (banks, insurance agencies, credit card companys) saw a way to make a rediculous amount of money, buy literally robbing us!
Banks make bad credit holders pay higher interest… Insurance agencies sell Identy Theft protection… Credit card companies charge higher uncapped interest rates as well as…
controlling this id theft problem by making SURE that ALL of our INFORMATION is every where and that even a monkey can get a solicitation for a card in the mail!!!!
Then when it’s stolen from the mailbox and misused, they nail the sucker they sent the unwanted junk mail to!!!!!
Total Scam… all of it and in the future when the lid is blown off this white collar crime, we’re all going to be cussing under our breath and saying " damn, and I thought ENRON was bad!"
Yes, I haven’t tried it though. Here is a link which helps people and lets them know their rights and the fines companies can face.
You can sue the credit reporting agencys. There have been many that have sued over ligitimate claims.
Chances are if you do have ligitimate, well documented claims against them, they will probably try to settle out of court.
Just be sure that you have extremely good documentation of their violations, what you tried to do to resolve the problems you have with them, copies of the complaints you filed with the FTC, your AG etc. and how they caused you damages.
Know the FCRA and you might also check your own state statutes as they may have violated some of those also.
The link Mariposa listed is a pretty good site. You might also do some reading at http://creditboards.com