Barnette Law Offices, LLC - Check Your Credit Reports

Your credit report contains key information that identifies you and how you've paid your bills. Whenever you make a credit-based application, your credit report is viewed to help make a decision. That’s one of the reasons that it’s so important for you to check your credit report. If, for some reason, your information is reported incorrectly, it could cause you to be denied for services for which you would otherwise would have been approved.
The Fair Credit Reporting Act ("FCRA"), gives you the right to dispute credit report information that is not correct or complete.
Review Your Credit Report
To find out if there is any incorrect information on your credit report, you need a copy of the report. Under federal law, you have the right to one free copy of your credit report from each of the credit bureaus annually. See http://www.annualcreditreport.com
Review your report thoroughly to make sure the information reported is correct. If your credit report has incorrect information, the Fair Credit Reporting Act ("FCRA") gives you the right to dispute the information.
File A Credit Report Dispute
When you find something incorrect in your credit report, you should alert, in writing, both the credit bureau who provided the report and the information provider. This is the process to dispute credit report information.
If you have statements or cancelled checks that support your claim, include copies of them with your statement(keep the originals for records). In your statement, include your name, complete address, the information you are disputing, and the reason the information is not accurate. It will be helpful to include a copy of your credit report with the disputed information highlighted.
Send your credit report dispute via certified mail with return receipt requested. This way you not only have proof that you sent the dispute, but also that the credit bureau received your dispute. Keep a copy of the letter along with any enclosures you sent.
The Credit Bureau Responds To Your Dispute
The credit bureau has 30 days to investigate your dispute and respond to you, in writing, with the results of the investigation. Any data you provided about the inaccuracy of the information will be forwarded to the original information provider. The information provider is then required to investigate and respond back to the credit bureau.
Once the investigation is complete, the credit bureau will provide you with the results, along with a free copy of your credit report if the dispute resulted in a change. You can request that the credit bureau send a correction notice to any company that accessed your credit report within the past six months.
If there is inaccurate information in one credit bureau’s version of your credit report, it’s likely that the information will be inaccurate on the other two bureaus' reports as well. You should check all three credit reports to be sure that the information in each is complete and accurate.
Resources:Dispute Addresses for the Three Major Credit Reporting AgenciesEquifaxP.O. Box 7404256Atlanta, GA 30374ExperianP.O. Box 2002Allen, TX 75013TransUnionP.O. Box 390Springfield, PA 19064

Barnette Law Offices - Make Your Payments

When you can't afford to make your minimum credit card payment, you might be tempted to just send what you can. If you've ever done it, you were probably shocked to see the late fee on your next bill. You paid your bill on time right?
Even though your card issuer may have received the payment before the cutoff time, you were still late. Most credit card agreements include language that instructs you to send at least the minimum payment by the due date or your payment will be considered late. You'll end up with a late fee and, possibly, a higher interest rate.
If you can't make the minimum payment, call your creditor before the due date to discuss other payment arrangements.

Jason Wade Barnette, Esq. Sues Rip Off Report

Jason Wade Barnette, Esq., of Barnette Law Offices, LLC, instituted a civil action today against Xcentirc Ventures, LLC, Rip Off Report and Ed Madegeson. The action was filed in the Circuit Court of Kanawha County, WV under Case Number 08-C1859.

Said action was filed for the egregious behavior of the Defendants with respect to the Plaintiff.

Jason Wade Barnette, Esq. Sues Rip Off Report

The Managing Member of Apex Credit Services, LLC, Jason Barnette, Esq., also of Barnette Law Offices, LLC, instituted a civil action today against Xcentirc Ventures, LLC, Rip Off Report and Ed Madegeson. The action was filed in the Circuit Court of Kanawha County, WV under Case Number 08-C1859.Someone has to step up to the plate to put a stop to this.

I am often asked by people "what are the ways to fix bad credit." The answer is fairly simple, the right way to fix credit is dispute and remove inaccurate information from the credit files, protect the rights afforded to you under the FDCPA dispute questionable debts without hesitation.

For inaccurate items that remain thereafter, contact Jason Barnette at Barnette Law Offices, LLC if you are a TN resident.

Barnette Law Offices, LLC
http://www.barnettelawoffices.com
615-585-3885

New Anti-Consumer Law About To Pass

Credit Cardholder's Bill of Rights Passed in House
Tuesday September 23, 2008
The Credit Cardhlder's Bill of Rights is one step closer to becoming a reality. The act passed in the House today with a vote of 312 to 119.
If passed, the Bill of Rights will make several amendments to consumer credit laws prohibiting lenders from certain predatory actions. For example, credit cards will no longer be able to use the double billing cycle method of calculating finance charges. They will also be required to send billing statements at least 21 days before the due date, giving consumers more time to pay their bills.
Next, the proposal must be passed by the Senate and signed by the President to be made into a law.Read The Credit Cardholder's Bill of Rights for a list of changes the law would make.

Barnette Law Offices - Wait On Buying that House

Anyone in the market for a new home may want to wait just a little bit. There are rumblings in Congress for FHA to re-implement their down payment assistance program. Without it, sales are going to plummet insofar as FHA now requires between a 3% to 5% down payment plus PMI. In this economy, most people don't have that money laying around.

Thus, wait a few weeks and see how this shakes