Best Business Attorneys in Saint Cloud, MN

Does your company furnish information to credit reporting agencies? Identity theft is at an all-time high. Opportunities for cybercriminals to steal or misuse personal financial information are becoming more prevalent with increased access to personal information online and the pervasive use of artificial intelligence, such as Chat GPT. As one may expect, there is a direct correlation between the rise in identify theft and increased consumer credit reporting disputes submitted to credit reporting agencies. Commonly, furnishers of credit information (“furnishers”) receive thousands of credit reporting disputes per month, but only a small percentage arises from legitimate claims of identity theft. It is often challenging for a furnisher to sift through these disputes and identify which disputes are made in good faith. If your company furnishes information to credit reporting agencies, the attorneys in Moss & Barnett Financial Services group can assist with reviewing and analyzing your policies and practices related to conducting investigations under the Fair Credit Reporting Act (#FCRA).