Remember, credit reporting errors can happen-but with the right help, you can overcome them. Federal law gives consumers with mixed credit files with the right to attorney's fees for restoring their credit and fighting the bureaus. When you apply for credit, the lender typically reviews your credit history from one of the credit bureaus. Loan and Credit Denials: Since credit reports play a crucial role in lending decisions, I was automatically ineligible for loans, credit cards, and other financial services. With so much at stake, it’s fair to say that you want as much information as possible about the credit repair services you’re considering. The Fair Debt Collection Practices Act states that a debt collector must send the consumer a written notice containing the amount of the debt, name of the creditor and a statement stating they have 30 days how to dispute with transunion dispute the validity of the debt or the debt will be considered valid by the debt collector. Notify them that you have failed to receive debt verification from the debt collector. Report the debt collector to the Federal Trade Commission if you don't receive a response within 30 days.