I'm about ready to file suit against Experian and Equifax for refusing to honor my procedural requests. I understand in doing so, I need to prove 'actual damages'. Do the actual damages have to occur after I started the whole verification process? Or can they occur at anytime before? Example: I was denied for a auto loan in 2000. I applied for another loan in 2001, and got one, but at a higher rate. Can I use those 2 incidents as actual damages? Thanks!! D
Yes, but under the FCRA you don't need actual damages, there are statutory damages provided for. You do have actual damages, though, so you can decide which would be the greater $$ amount.
