Types of Damages

Credit reporting agencies have come to wield an extraordinary amount of power over virtually every aspect of our lives: Whether we can buy a home or car, the interest rate we receive when we do, even our ability to find a job is controlled, in some way, by the “Big Three” credit agencies (TransUnion, Equifax and Experian).

What Types And Kinds of Damages Are Available In Such A Lawsuit?
Here Are Some Examples.

finacialcomp

Denial of Credit

  • Prove causation through witness and documents

Damage To Reputation

  • Derogatory info sent to insurers, creditors, banks and employers
  • Use list of recipients on credit report to show who got report

Loss of Self Esteem

Increased Cost of
Credit

  • Prove through witness and documents

Reputation In Profession or Among Peers

Invasion of Privacy

  • Wrongful disclosure, common in mixed file cases
  • Contacts from creditors because location information was sold

Lost Opportunity To Obtain Credit

  • Failure to receive unsolicited offers

Loss of Financial Independence

  • Especially useful for young adults

Emotional Distress, Embarrassment, Frustration

  • Being denied credit
  • Having to explain the errors on the credit report
  • Having to dispute with the defendant
  • Frustration due to the defendant not fixing it
  • Knowing that false information is being reported
calphone

512-739-0390
Call 24/7 | No Fee Unless We Win