CFPB Possessed Intense Focus on Consumer Reporting Agencies Through 2022
December 28, 2022
Over the previous few weeks, the Consumer Financial Protection Bureau (CFPB) has intensified its focus on consumer reporting. This focus includes credit...
$9 Million FCRA Class Action Settlement Receives Final Approval from California Federal Judge
December 27, 2022
A federal judge for the Northern District of California has granted final approval to a $9 million class action settlement. This grant...
Credit Agency Agrees to Settlement Over Inaccurate Consumer Reports
December 14, 2022
One of the world’s largest consumer reporting agencies (CRA) has agreed to pay $22.45 in a settlement. This case addressed the allegations about the agency...
CFPB Issues Guidance Regarding “Shoddy” Investigation of Disputes By CRAs and Furnishers
December 5, 2022
The Consumer Financial Protection Bureau (CFPB) has issued new guidance to consumer reporting agencies (CRAs) and data furnishers....
Bill to Amend FCRA and Address Issues With Name Changes Is Introduced to Congress
November 29, 2022
A newly proposed bill introduced before the US Congress seeks to change the federal Fair Credit Reporting Act (FCRA). The bill aims to require...
Sixth Circuit Finds Consumer Reporting Agency Was Not “Unreasonable” for Relying on Third-Party Data
November 25, 2022
The US Court of Appeals for the Sixth Circuit has rejected a Michigan man’s attempt to revive a lawsuit. The man claimed...
Lawyer Who Claims Inaccurate Consumer Report Cost Judgeship Reaches Settlement
October 31, 2022
At the beginning of the year, a South Carolina lawyer accused a consumer reporting agency (CRA) of costing her a chance at a position as a judge. Now,...
Third Circuit Ruling Provides Clarification Regarding Informational Injuries in the Wake of Recent Supreme Court Ruling
October 26, 2022
In a recent case, the US Court of Appeals for the Third Circuit held that a subclass of consumers could proceed...
Third Circuit Creates New Standard for Judging the Accuracy of Consumer Reports Under the FCRA
October 20, 2022
In a key decision early last month, the U.S. Court of Appeals for the Third Circuit addressed a consolidated set of consumer appeals...
Third Circuit Vacates Ruling on FCRA Class Action Providing Clarity on Rule 23 Requirements
October 19, 2022
The Court of Appeals for the Third Circuit has recently vacated an order that denied class certification. The involved plaintiffs alleged...