Statute
FCRA
495 published works
Consumer Financial Services Law Monitor
November 2025 Consumer Litigation Filings: Everything Down
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), and Telephone Consumer Protection Act (TCPA), and complaints…
Consumer Finance and Fintech Blog
CFPB Finalizes 2026 Increase to Fair Credit Reporting Act Disclosure Fee Cap
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On December 15, the CFPB issued a final rule amending Regulation V under the Fair Credit Reporting Act to update the maximum amount a consumer reporting agency may charge a…
Consumer Finance Monitor
ACA files suit challenging Colorado law that omits medical debts from credit reports
The trade group representing debt collection agencies, creditors, debt buyers, collection attorneys, and debt collection industry service providers has filed suit challenging the Colorado law that bans the inclusion of…
Consumer Financial Services Law Monitor
Illinois Supreme Court Redefines Concrete Injury Requirement in No-Injury Cases
By P. Russell Perdew, Louis Manetti, Jr.
On November 20, the Illinois Supreme Court narrowly construed private rights of action under the federal Fair Credit Reporting Act (FCRA), creating a de facto “concrete injury” requirement for claims…
Consumer Finance and Fintech Blog
CFPB Issues Interpretive Rule Asserting Federal Preemption Over State Medical Debt Credit Reporting Laws
By A.J. Dhaliwal, Mehul Madia, Maxwell Earp-Thomas
On October 28, the CFPB issued an interpretive rule under the Fair Credit Reporting Act (FCRA) declaring that federal law generally preempts state laws governing the content of consumer credit reports.…
Consumer Financial Services Law Monitor
CFPB Revokes 2022 Interpretive Rule on FCRA Preemption Scope
By David N. Anthony, Cindy D. Hanson, Stefanie Jackman, Kim Phan, Ronald I. Raether, Jr., Jesse Silverman, Chris Willis
On October 28, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a new interpretive rule replacing its 2022 interpretive rule (withdrawn in May 2025) concerning the scope of preemption…
Consumer Financial Services Law Monitor
August 2025 Consumer Litigation Filings: Everything Down for Month
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA), and complaints filed…
Consumer Finance Monitor
Regulatory Requirements Related to Adverse Action Notifications
As part of the Federal Reserve Board’s Outlook Live Webinar series, on July 17, 2025, examiners from the Minneapolis and Chicago Federal Reserve Banks hosted a webinar to discuss the…
Consumer Finance Monitor
FTC takes action against Accelerated Debt for running a debt relief scam
By Alan S. Kaplinsky, Ballard CFS Group
An ex parte temporary restraining order has been issued against the participants in a debt relief services scheme that allegedly targeted seniors, including veterans, using a variety of deceptive practices,…
Private Client
FCRA Compliance Tightened-Understanding the May 2025 Amendments to FCR Rules
By Sreetama Sen, Megha Mehta, himanshu chandel
Introduction The Foreign Contribution (Regulation) Act, 2010 (“FCRA”)[i], regulates the flow and use of foreign funds by individuals, associations, and organisations in India. Over time, the regulatory framework under FCRA…