Initially it was very difficult for me to understand the reason for all the credit denials. I consulted Dr. FCRA (Fair Credit Reporting Act) and found out what I could do legally to help myself out of the situation.

The minimum knowledge of the legal aspects do not cause any harm. I came to know that checking my credit file twice a year is the best way to keep my financial life in control and annually I am entitled to receive one free credit report from all the three credit bureaus.

I got my report and found incorrect information on my file. As per Dr. FCRA’s words I asked them for all the information (name, address, phone number) of the companies that tampered with my file and they furnished me with all. Then I wrote dispute letters to the CRA on the accounts and some personal information which were incorrect. Believe me within thirty days (which is by law) they investigated and the incorrect information were gone from my file.

Now my file is clean and happily I will give the HR my consent letter to see the report. They need it to check my credit file. Oh I forgot this is my first job.

As it had been long, I just took out my credit report from TransUnion yesterday. I saw some prescreened offers. I immediately called up my doctor and he asked me to call them up. As the toll-free numbers were given beside the offer statements I called them and removed myself from their list. I hope they won’t bother anymore.

I am satisfied with my rights. I know I can sue them in the state court or the Federal court if they violate the FCRA. Will keep you posted for any new information that I get.

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