FCRA in the Spotlight

CUNA News (press release)
Report the voluntary closing of credit accounts. Notify the agency when a consumer disputes the completeness or accuracy of furnished information.

HEROES Act Includes Potentially Disastrous FCRA Amendments

Lexology
The bill also includes proposed amendments to the Fair Credit Reporting Act (“FCRA”). Unfortunately, these well-intentioned amendments to FCRA do ...

Fair Credit Reporting Act — debt legality; consumer reporting agency

Chicago Daily Law Bulletin
Where consumer reporting agency was not required to validate legality of debt under the Fair Credit Reporting Act. The 7th U.S. Circuit Court of ...

CFPB and CSBS Issue Joint Statement Regarding CARES Act Mortgage Loan Forbearances

JD Supra (press release)
The Consumer Financial Protection Bureau (CFPB) and Conference of State Bank Supervisors (CSBS) recently issued a joint statement addressing ...

Kohl's reaches settlement with FTC over identity theft allegations

Greater Milwaukee Today
... allegations that the Wisconsin-based retailer violated the Fair Credit Reporting Act (FCRA) by refusing to provide complete records of transactions to ...

Credit Reporting in a COVID World

JD Supra (press release)
... consumer reporting agencies must do so with accuracy and integrity consistent with the Fair Credit Reporting Act and its implementing regulations.

CFPB and CSBS Provide Additional Guidance Regarding CARES Act Mortgage Forbearance

JD Supra (press release)
The Consumer Financial Protection Bureau and the Conference State Bank Supervisors issued joint guidance to mortgage servicers clarifying the ...

Kohl's agrees to $220K settlement in FCRA case FTC calls a 'warning' to businesses

Reuters
... did not give identity theft victims complete records in violation of the Fair Credit Reporting Act, the U.S. Federal Trade Commission said Wednesday.

The COVID-19 Crisis And Credit Reporting

National Mortgage Professional Magazine
Section 4021 of the CARES Act amends the Fair Credit Reporting Act so that furnishers of information to credit reporting agencies who agree to ...

Read Before You Act: An Inaccurate Reporting Under FCRA Is More than Just a Tradeline Entry

The National Law Review
Read Before You Act: An Inaccurate Reporting Under FCRA Is More than Just a Tradeline Entry. Monday, June 15, 2020. On Friday, after reviewing ..

13134 Muirfield Ln, Berlin, MD 21811

Office: 410-208-6797

This email address is being protected from spambots. You need JavaScript enabled to view it.