FCRA Archives - Page 4 of 32

August 29, 2023 by Stefanie H Jackman in FCRA

Kentucky Federal Court Holds Furnishing Data to Consumer Reporting Agency Does Not Subject Furnisher to Personal Jurisdiction in Consumer’s Home State

A United States district court in Kentucky recently granted defendants’ motion to dismiss a case arising under the Fair Credit Reporting Act (FCRA) and Fair Debt Collection Practices Act (FDCPA)...

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August 23, 2023 by John L. Culhane, Jr. in CFPB

CFPB Announces Plans to Propose Rule Regulating Data Brokers Under the FCRA

In remarks delivered on August 15, 2023 at a roundtable convened by the White House on protecting Americans from harmful data broker practices, CFPB Director Chopra announced that the CFPB...

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August 15, 2023 by Orrick, Herrington & Sutcliffe LLP in FCRA

Judge grants MSJ in class action over disputed debt investigation

On July 28, the U.S. District Court for the Southern District of Alabama granted summary judgment in favor of a defendant third-party debt collector in an FCRA and FDCPA putative...

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June 14, 2023 by John L. Culhane, Jr. in CFPB

CFPB Announces Consent Order with Third-Party Collector of Medical Debt

On June 8, 2023, the CFPB announced that it had entered into a consent order with Phoenix Financial Services, LLC (Phoenix), a third-party debt collector that collects primarily past-due medical...

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March 27, 2023 by Stefanie H Jackman in Compliance

Double Reporting Leads to Denial of Summary Judgment in Illinois FCRA Case

An Illinois federal district court recently denied a creditor-defendant’s motion for summary judgment in a Fair Credit Reporting Act (FCRA) case brought by a consumer who questioned why his debt...

March 21, 2023 by Orrick, Herrington & Sutcliffe LLP in CFPB

CFPB Receives FCRA Rulemaking Petition on Debt Collection

On March 3, the CFPB received a rulemaking petition from the National Consumer Law Center (NCLC) in response to forthcoming FCRA rulemaking announced in the Bureau’s Fall 2022 regulatory agenda....

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February 21, 2023 by Ethan G. Ostroff in FCRA

Florida Federal Court Emphasizes Legal Disputes Do Not Give Rise to a Private Right of Action Against Furnishers

The Middle District of Florida rounded out 2022 by ruling in conformance with Eleventh Circuit precedent that plaintiffs must have a factual, rather than legal, dispute to bring suit against...

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February 15, 2023 by Michelle Macartney in FCRA

Is Your Credit Dispute Management Process Good Enough?

An airtight credit dispute management process is key to avoiding scrutiny and hefty fines from the CFPB, but that’s not the only reason it’s critical.“[A]ccurate data is at the heart...

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February 13, 2023 by Daniel Miller in Disputes

2nd Cir. Holds FCRA Does Not Apply to Inaccuracies Involving Legal Disputes

The U.S. Court of Appeals for the Second Circuit recently affirmed a trial court’s order granting summary judgment in favor of a credit reporting agency and ruled that reporting a...

January 10, 2023 by Michael Gordon in CFPB

CFPB Adds Six New Items to Fall 2022 Rulemaking Agenda, Including Overdraft Fees, Fees for Insufficient Funds, and Credit Card Penalty Fees

The CFPB has published its Fall 2022 rulemaking agenda as part of the Fall 2022 Unified Agenda of Federal Regulatory and Deregulatory Actions. The agenda’s preamble indicates that “[t]he Bureau...

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