Fair Credit Reporting Act

Congress created the Fair Credit Reporting Act to help people avoid the harmful effects of inaccurate credit information.

Banks rely on your credit score to determine whether to give you a good loan, or a terrible one.  The costs of poor credit are tremendous. Poor credit can keep you from getting a credit card, a car, or a home. In addition, people with poor credit often face higher interest rates, higher insurance rates, and cannot start a business that depends on loans.

Jacob High has used the Fair Credit Reporting Act laws to ensure that people preserve their rights under the law. Whether you’re shopping for a home, a car, or a wedding ring, you can benefit from having good credit. If you have poor credit or are thinking about making a purchase that requires a loan, please speak with Jacob to learn your rights under the Fair Credit Reporting Act.