Did you know there are laws that protect your rights before, during, and even after credit repair? Repairing your credit requires you to work with giant companies who have a lot more money than you. These companies would have complete power over the credit repair process, if the government hadn’t put a few rules in place to keep these companies in check. The law isn’t perfect and some companies find loopholes, but knowing the law can help you get results.

Fair Credit Reporting Act

The FCRA is a law that generally dictates what can and can’t appear on your credit report. The FCRA says that inaccurate, incomplete, unverifiable, or outdated information can’t be listed on your credit report. You have the right to dispute credit report errors either with the credit bureau or the company that listed the information on your credit report. It was an amendment to the FCRA in 2003 that entitles you to your annual credit reports through the federally mandated AnnualCreditReport.com

Fair Credit Billing Act

The FCBA was created to help consumers correct billing errors from credit card companies. Billing errors include unauthorized charges to your credit card, unposted payments, or charges for merchandise that weren’t received as promised. You have 60 days from the date of the billing error to make a dispute directly to the credit card company and the credit card company must investigate the dispute. In the meantime, you don’t have to pay for the disputed charges and you can’t receive any penalty when you don’t pay.

Fair Debt Collection Practices Act

The FDCPA is a law that dictates what debt collectors can and cannot do when they’re collecting a debt from you. There’s a long list of things they can’t do. For example, they can’t call you before 8 a.m. or after 9 p.m., they can’t call if you’ve already told them it’s an inconvenient time, and they can’t call you at work if you’ve told them your employer doesn’t approve those calls. They can’t tell certain people about your debt, but can get location information from your friends, neighbors, or relatives.