Many credit reports violate consumer privacy in the worst possible way.
Salt Lake City, UT (PRWEB) August 14, 2014
Lexington Law, the nation’s leading credit repair provider, responded this week to press reports detailing the experiences of consumers who have been mistakenly listed as deceased within their credit reports.
“One might think that these are just funny stories about problems that are easily corrected,” said Dr. Randy Padawer, a consumer advocate with Lexington Law. “Unfortunately, though, when consumers complain that something reported about them is false, they are almost always disbelieved.
“The implications can impact great numbers of Americans whose real grievances are so often met with raised eyebrows and doubt,” Padawer added.
An FTC study released last year revealed that more than 20% of Americans can identify errors within their credit reports.
“Even the lady who begged the bureaus to believe that she wasn’t deceased was met with skepticism. They thought she was someone trying to fraudulently collect a dead relative’s benefits.
“Within that cynical mindset, why should credit companies believe consumers about far more believable, everyday things like misreported payment histories?” Padawer asked. “As a result, so many credit reports violate consumer privacy in the worst possible way.”
Consumer privacy and its impact upon credit repair are explored further in Lexington Law’s latest Credit in a Minute video installment, released last week on the firm’s YouTube channel.
About Lexington Law
Lexington Law is a consumer advocacy law firm with decades of experience, helping hundreds of thousands of Americans work to improve their credit. The firm comprises the largest network of credit repair professionals in the U.S., employing a growing staff of 26 attorneys and 200+ paralegals/agents across 19 states. By leveraging consumer rights to legally resolve issues with creditors and credit bureaus, Lexington works to ensure that client credit reports are fair, accurate, and substantiated. For details about Lexington Law’s services, attorneys, or statistics visit: http://www.lexingtonlaw.com.