The Statute of Limitations for an action under Fair Credit Reporting Act is as follows: An action must be filed two years after plaintiff discovers the violation or five years after the violation occurs, whichever is earlier.

But you should note that every time a potential credit grantor pulls your credit report and you are either declined credit or charged a higher rate of interest because of a derogatory item on it, the statute of limitations is renewed.See 15 U.S.C. § 1681p

If you have been the victim of identity theft or if you have discovered that something improper is on your credit report, you must act.

If you have been victimized by a debt collector or have items on your credit report that are incorrect, call or email Attorney Gary Nitzkin for a free consultation toll free at (888) 293-2882. For more information about your rights as a consumer, visit our website at, which is filled with informative videos and advice to help consumers. Michigan Consumer Credit Lawyers is here for you.