Topic
Consumer Reporting
77 published works
Consumer Finance Monitor
CFPB issues advisory opinion on FCRA permissible purpose requirement
By John L. Culhane, Jr., Joel E. Tasca
In a new advisory opinion, the CFPB addresses the Fair Credit Reporting Act’s permissible purpose requirement as it applies to both consumer reporting agencies and users of consumer reports. Consumer…
Consumer Financial Services Law Monitor
CFPB Urges States to Regulate Consumer Reporting, Weighing in on Limited FCRA Preemption of State Law
By Alan D. Wingfield, Tim J. St. George, David N. Anthony, Ronald I. Raether, Jr., H. Scott Kelly
On June 28, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule, encouraging states to enact more laws regulating consumer reporting, arguing that states' powers are only constrained in…
Consumer Financial Services Law Monitor
CDIA’s Annual Law and Industry Conference
CDIA’s Annual Law and Industry Conference Webinar: Driving Change: Litigation & Enforcement Developments in the Consumer Reporting Industry Troutman Pepper attorney David N. Anthony joined forces with Eric Ellman, Senior…
Consumer Financial Services Law Monitor
Plaintiff’s Settlement Agreements with Co-Defendants Discoverable to Reduce Remaining Defendant’s Liability
To resolve a discovery dispute in a Fair Credit Reporting Act (FCRA) case, a judge in the Western District of Kentucky recently compelled the production of the plaintiff’s settlement agreements…
Consumer Finance Monitor
Eighth Circuit finds that class-action FCRA plaintiff lacks Article III standing under Spokeo
The Eighth Circuit reiterated in a decision last month that trial courts must distinguish between FCRA plaintiffs who have suffered concrete harm and plaintiffs who merely seek to collect statutorily…
Consumer Financial Services Law Monitor
2022 CDIA Law & Industry Conference
June 7 – 8, 2022 The CDIA Virtual Law & Industry Conference is an essential event for anyone involved in consumer reporting. This year CDIA has secured a wonderful lineup…
Consumer Financial Services Law Monitor
CFPB Releases List of “Consumer Reporting Companies” and Encourages Consumers to File More FCRA Suits
By Alexandria Pritchett, Noah DiPasquale, David N. Anthony
In late January, the Consumer Financial Protection Bureau (CFPB) released its 2022 "List of Consumer Reporting Companies." This list purports to give consumers "the details [they] need to take action"…
LenderLaw Watch
CFPB Encourages Consumers To “Hold Accountable” Consumer Reporting Companies By Filing Disputes and FCRA Lawsuits
On January 27, 2022, the Consumer Financial Protection Bureau (CFPB) published its updated annual list of consumer reporting companies for the purpose of encouraging consumers to seek access to their files,…
Consumer Financial Services Law Monitor
Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter
By Alan D. Wingfield, Ronald I. Raether, Jr., Jed Komisin, Elizabeth Briones, Edgar Vargas, Dan Stillman, Graham Dean, Robyn Lin, Ethan G. Ostroff
Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through…
Privacy World
Federal Court Grants Motion for Judgment on the Pleadings In FCRA Litigation
In Green v. Innovis Data Solutions, Inc., 2021 US Dist LEXIS 176996 (N.D. Tex. Sep. 17, 2021), the plaintiff filed suit against Innovis Data Solutions (“Defendant”) and other entities arising…