October 18, 2024 | The Legal Intelligencer
Sixth Circuit: Consumer's FCRA Complaint Regarding Inaccurate Spousal Support Obligation Passes MusterThe court held Berry sufficiently pleaded Experian violated the FCRA by continuing to publish the allegedly inaccurate information about his support obligations despite receiving the court orders.
By Mark Mailman
9 minute read
June 20, 2024 | The Legal Intelligencer
Pa. High Court Holds Consumers Can Receive Both Punitive and Statutory Treble Damages Under the CPLRecently, the Pennsylvania Supreme Court was asked to decide whether a plaintiff could simultaneously recover punitive damages under common-law theories and treble damages under the CPL. In a win for Pennsylvania consumers, the court in Dwyer v. Ameriprise Financial, held that a plaintiff could.
By Mark Mailman
8 minute read
April 04, 2024 | The Legal Intelligencer
CFPB Issues New Guidance Regarding Inaccurate Background Check Reports and Credit File Sharing PracticesSeeking to put an end to, as Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra said, "background check and other consumer reporting companies creating flawed reputational dossiers that are then hidden from consumer view," the CFPB recently issued two advisory opinions to consumer reporting agencies.
By Mark Mailman
7 minute read
February 16, 2024 | The Legal Intelligencer
CFPB Details Student Loan Servicers' Struggles in Wake of Borrowers Resuming PaymentsThe CFPB report highlights three prevailing issues student loan servicers are having in the wake of borrowers resuming their payments: extended call hold times, income-driven repayment application processing delays, and inaccurate billing and disclosure statements.
By Mark Mailman
7 minute read
October 26, 2023 | The Legal Intelligencer
Third Circ. Clarifies Furnishers' Duties Under the FCRA to Probe Indirect DisputesThe court, in a straightforward statutory interpretation opinion, held that the FCRA did not give furnishers that same discretion because the statute's language did not provide it.
By Mark Mailman
7 minute read
July 27, 2023 | The Legal Intelligencer
CFPB Explores AI's Impact on Consumers' Relationships With Financial InstitutionsA key pillar of the relationship between consumers and their financial institutions is effective customer service. We consumers expect that the financial institutions we trust to hold our money will provide us with prompt and responsive assistance when we ask for it.
By Mark Mailman
8 minute read
December 19, 2022 | The Legal Intelligencer
CFPB Reminds Consumer Reporting Agencies to Toss 'Junk Data' in the TrashWith the industry showing little progress in eradicating this problem, the U.S. Bureau of Consumer Financial Protection (CFPB), recently released an advisory opinion reminding CRAs that they have an obligation under the U.S. Fair Credit Reporting Act (FCRA) to screen for and eliminate this "junk data" from consumer reports.
By Mark Mailman
8 minute read
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