FCRA Lawsuit Claims TransUnion Mislabeled Man as Terrorist on Credit Report

Written By ESR News Blog Editor Thomas Ahearn On August 24, 2020, a Pennsylvania man filed a class action lawsuit in federal court claiming TransUnion violated the Fair Credit Reporting Act (FCRA) by mislabeling him as a terrorist on his credit report because his name resembled two people on a terrorist watch list, a news …

Continue reading "FCRA Lawsuit Claims TransUnion Mislabeled Man as Terrorist on Credit Report"

FTC Seeking Comments on Proposed Changes to Five FCRA Rules

Written By ESR News Blog Editor Thomas Ahearn On August 24, 2020, the Federal Trade Commission (FTC) announced that it is seeking comments on proposed changes that would bring several rules implementing parts of the Fair Credit Reporting Act (FCRA) in line with the Dodd-Frank Wall Street Reform and Consumer Protection Act, according to a …

Continue reading "FTC Seeking Comments on Proposed Changes to Five FCRA Rules"

Court Rules Former Employee May Pursue FCRA Claims Over Termination

Written By ESR News Blog Editor Thomas Ahearn On July 21, 2020, the United States District Court, District of Columbia issued an opinion in Mattiaccio v. DHA Group., Inc. that determined the Plaintiff had standing to pursue claims of Fair Credit Reporting Act (FCRA) violations against his former employer after a background check was used …

Continue reading "Court Rules Former Employee May Pursue FCRA Claims Over Termination"

Court Certifies $1.28 Million FCRA Settlement in Madison Square Garden Suit

Written By ESR News Blog Editor Thomas Ahearn On August 7, 2020, the U.S. District Court for the Southern District of New York certified a proposed $1.28 million class settlement to resolve claims that Madison Square Garden (MSG) violated the federal Fair Credit Reporting Act (FCRA) by denying employment based on findings in criminal background …

Continue reading "Court Certifies $1.28 Million FCRA Settlement in Madison Square Garden Suit"

FTC Alleges Purveyor of Background Reports Violated FCRA with False Claims

Written By ESR News Blog Editor Thomas Ahearn On July 27, 2020, the U.S. Department of Justice (DOJ) filed a complaint on behalf of the Federal Trade Commission (FTC) alleging that a California-based purveyor of background reports deceived consumers with “teaser background reports” that falsely claimed to include information about arrest, criminal, and sex offender …

Continue reading "FTC Alleges Purveyor of Background Reports Violated FCRA with False Claims"

CFPB Addresses How AI Interacts with Adverse Action Requirements of FCRA

Written By ESR News Blog Editor Thomas Ahearn On July 7, 2020, the Consumer Financial Protection Bureau (CFPB) – a government agency that helps businesses comply with federal consumer financial law – published a blog addressing industry concerns about how the use of Artificial Intelligence (AI) interacts with the existing regulatory framework, specifically the adverse …

Continue reading "CFPB Addresses How AI Interacts with Adverse Action Requirements of FCRA"

U.S. House Passes “Protecting Your Credit Score Act” that Would Amend FCRA

Written By ESR News Blog Editor Thomas Ahearn On June 29, 2020, the United States House of Representatives passed the “Protecting Your Credit Score Act” (H.R. 5332) that would amend the federal Fair Credit Reporting Act (FCRA) to ensure, among other purposes, that consumer reporting agencies (CRAs) are providing fair and accurate information reporting in …

Continue reading "U.S. House Passes “Protecting Your Credit Score Act” that Would Amend FCRA"

Appeals Court Examines Willfulness Standard of Fair Credit Reporting Act (FCRA)

Written By ESR News Blog Editor Thomas Ahearn On June 19, 2020, the United States Court of Appeals for the Eleventh Circuit vacated a jury’s finding that a major nationwide credit reporting agency (CRA) willfully violated the federal Fair Credit Reporting Act (FCRA) that regulates background checks in the United States by failing to investigate …

Continue reading "Appeals Court Examines Willfulness Standard of Fair Credit Reporting Act (FCRA)"

FTC Settles with Retailer Over Alleged FCRA Violations Related to Identity Theft

Written By ESR News Blog Editor Thomas Ahearn On June 10, 2020, the Federal Trade Commission (FTC) announced that a department store retail chain agreed to pay a civil penalty of $220,000 to settle allegations that the retailer violated the Fair Credit Reporting Act (FCRA) “by refusing to provide complete records of transactions to consumers …

Continue reading "FTC Settles with Retailer Over Alleged FCRA Violations Related to Identity Theft"

HEROES Act Would Amend Changes CARES Act Made to FCRA for Coronavirus

Written By ESR News Blog Editor Thomas Ahearn A bill titled the “Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act)” awaiting consideration in the U.S. Senate would amend changes the “Coronavirus Aid, Relief, and Economic Security Act (CARES Act)” made to the federal Fair Credit Reporting Act (FCRA) due to the Coronavirus (COVID-19) …

Continue reading "HEROES Act Would Amend Changes CARES Act Made to FCRA for Coronavirus"