The state of Ohio has not enacted in additional credit reporting laws on top of the Federal Credit Reporting laws.
Residents of Ohio should solely rely on the federal laws regarding their credit reports as opposed to any state laws in Ohio.
Therefore, you must look to the Fair Credit Reporting Act to make the determination if your rights have been violated.
The FCRA is a law to make sure that everyone's credit reports are accurate, and that they can be used to facilitate commerce.
The problem is that many times people's credit reports are not accurate, and it causes them to damage in the marketplace, credit issues or impacts their employment.
Because of this, Congress decided that there needed to be laws to make sure that the credit reports were accurate.
The Fair Credit Reporting Act provides that the credit reporting agencies or credit bureaus must provide accurate and complete credit reports. It also forces businesses or credit orders to a certain way.
Under the law if you see something that is inaccurate on your credit report, you have a right to dispute this information directly to the credit reporting agencies. Then, Credit Reporting Agency will transfer this information directly to credit or or business reporting on your credit report. Investigation into whether your dispute is accurate.
Under the law, the business must a reasonable investigation. At the end of their investigation, they must provide the results to the credit reporting agencies.
At the same time credit reporting agencies are responsible for doing their own investigation into your dispute.
If the information reported still isn't that accurate , then you have rights under the Fair Credit Reporting Act.
Contact Joseph McClelland, Esq.
If this is your situation, you may consider reaching out to us to see if we may further assist you.