Topic
Consumer Reporting
77 published works
Consumer Finance Monitor
Federal district court concludes FCRA does not require consumer reporting agencies to verify legitimacy of end users’ businesses
By Kim Phan
A Florida federal district court has dismissed a lawsuit filed by a borrower alleging FCRA violations by Clarity Services, Inc. (Clarity), the consumer reporting agency that provided the borrower’s consumer…
Regulatory Oversight
CFPB Issues Bulletin on Rental Screening and Issues of Concern
By David N. Anthony, Cindy D. Hanson, Ronald I. Raether, Jr., Tim J. St. George
On July 1, the Consumer Financial Protection Bureau (CFPB or Bureau) released a FCRA Tenant Screening Enforcement Compliance Bulletin, outlining its enforcement focus areas as the country transitions to a…
Consumer Finance and Fintech Blog
CFPB Issues Summer 2020 Supervisory Highlights
By Moorari Shah, A.J. Dhaliwal
On June 29, the CFPB released its summer 2021 Supervisory Highlights. The findings of the report, which cover examinations that generally were completed between January 1, 2020 to December 31, 2020, are issued…
Consumer Finance Monitor
CFPB Summer 2020 Supervisory Highlights looks at consumer reporting, debt collection, deposits, fair lending, mortgage servicing, and payday lending
By John L. Culhane, Jr., Reid F. Herlihy
The CFPB has released the Summer 2020 edition of its Supervisory Highlights. The report discusses the Bureau’s examinations in the areas of consumer reporting, debt collection, deposits, fair lending, mortgage…
Privacy World
Use of OFAC Data in Spotlight: Consumer Reporting Agency Sued Again for False Positive Terrorist Watch List Data in Consumer Reports
By Glenn A. Brown, Angelo Carosio
The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) maintains the Specially Designated Nationals (“SDN”) list, which is published to identify suspected terrorists and other bad actors. …
Privacy World
Court Emphasizes that CRAs Must Reinvestigate Disputed Inquiries
By Glenn A. Brown, Angelo Carosio
In a recent case from the Eastern District of Pennsylvania[1], the court provided some helpful clarifications regarding the reinvestigation obligations of a consumer reporting agency (“CRA”) under the Fair Credit…
Hunton Employment & Labor Perspectives
New Litigation May Further Clarify the FCRA’s Definition of “Consumer Reporting Agency”
By Alyson Brown, Robert T. Quackenboss
An employer’s obligations under the Fair Credit Reporting Act are triggered when it obtains a “consumer report” from a “consumer reporting agency” for use in making an employment decision. A…
Privacy World
Court Confirms CRAs under No Duty to Include Tradelines
By Glenn A. Brown, Angelo Carosio
A recent case in the Northern District of Minnesota[1] helpfully confirmed that although consumer reporting agencies (“CRAs”) are required by the Fair Credit Reporting Act (“FCRA”) to ensure that the…
Privacy World
IS FCRA The Next Notorious California Lemon Law?: 9 separate cases, in the same District, involving the same claims against the same defendant, represented by the same counsels… What is going on?
By Squire Patton Boggs, Angelo Carosio
“It appears that there are at least eight cases in this District where the plaintiffs make the same claims against Michigan First. And in each case, the plaintiffs are represented…
California Employment Law Update
Employer Did Not Violate FCRA By Providing Disclosure Along With Other Materials
By Tony Oncidi
Luna v. Hansen & Adkins Auto Transport, Inc., 2020 WL 1969409 (9th Cir. 2020) Leonard Luna filed this putative class action, alleging a violation of the Fair Credit Reporting Act…