Understand the Laws and Regulations of Florida to Repair Credit Safely and Effectively
Knowing the laws and regulations of one’s living area is important when repairing one’s credit. Here, we are discussing Florida’s credit repairing process and are responsible for introducing you to Florida state law and federal regulations. Knowing and understanding legal policies is necessary to protect yourself from unwanted scams and unfair practices while you fix errors, dispute debts, or work with a credit repair company.
Great American Credit Repair provides the proper information about Florida credit repair laws and how to use them to your benefit.
The Credit Repair Organisations Act (CROA)
At the federal level, the Credit Repair Organisations Act (CROA) controls the contract between credit repair organisations and protects consumers from deceptive actions. Companies and consumers nationwide, including those in Florida. CROA The statements under this act are-
- All credit repair companies must provide clear written contracts before services begin.
- All the customers will be able to cancel the deal within three business days.
- Companies are prohibited from making false promises or guarantees regarding the credit repair process.
- Companies are bound to provide you with detailed information about their services.
- No legal company can charge their customers before the rules.
Note: If they violate the rules, you can file a complaint against the companies with the Federal Trade Commission (FTC) or the Florida Attorney General.
Telemarketing and Consumer Protection Laws of Florida
The Florida Department of Agriculture and Consumer Services (FDACS) enacts the Telephonic Sales Law and Florida Telemarketing Act to protect consumers from fraudulent companies. Some aspects of the laws are-
- Each non-exempt company in Florida connected with telemarketing or salespeople needs to be licensed from FDACS and submit at least $50,000 as security.
- Companies must disclose information such as identity, company name, and purpose of the call when calling people.
- Some practices for telemarketing companies are strictly prohibited, including calling people before 8 a.m. and after 8 p.m., making more than three calls to a person on the same subject within 24 hours, etc.
- Credit repair companies can’t make any deceptive advertisements.
These laws help companies like Great American Credit Repair operate ethically and transparently.
Consumer’s Rights in Florida
As a Florida resident, you have the right to credit repair-
- Accessing a free credit report once a year from all three major bureaus: Equifax, Experian, and TransUnion
- Disputing any inaccurate or incomplete information on the credit report
- Receiving detailed information and written documents from the companies you are dealing with or making contracts with.
- Complain to the company if you are asked for hidden charges after the service.
- Cancelling your contract within three business days
- If you are illegally forced to pay any debt, take the help of the Florida Debt Collection Practices Act (FDCPA) and Debt Collection Law.
How to Use These Laws for Your Betterment
- Keep information on all the resources regarding Florida’s laws and regulations.
- Keep notes on which department regulates which laws. For example, the public service commission handles consumer complaints related to utilities.
- Read contracts before signing to avoid fraudulent activities by the credit repair company.
- The Florida Attorney General or the FTC is available to report scams and deceptions.
Why is Great American Credit Repair Company the Best in Terms of Trusted Legal Support?
Our Great American Credit Repair is always with you, providing you with the best services to repair your credit. It includes-
- Committed to all Florida and federal laws
- There are no hidden fees for consumers
- Ethical, results-driven credit repair strategies
- Detailed information is provided to the consumer at the very beginning.
- Fees are always taken after the services.
- Expert advice on your consumer rights