Credit report errors can cause credit denials. According to the Federal Trade Commission, one out of five consumers have credit report errors. Credit report errors are often the result of mixed credit files. A mixed credit report is a credit report that contains information about more than one consumer. Mixed files are common amongst [...]
Did you know that car breaks in may lead to identity theft? You can prevent identity theft by not storing personal identifying information in your car. Texas car burglaries are a big problem for consumers and may lead to identity theft. In 2015, over 67,000 cars were broken into or stolen. Dallas averaged almost 12,000 incidents [...]
The trial court acknowledged Synchrony’s claims shared facts in common; however, because the plaintiff’s claims were made under federal law, the FCRA, and the FCRA does not “expressly or impliedly provide a right to indemnity,” the court denied Synchrony’s motion for leave to file the third party complaint. Accordingly, “[f]rom a policy standpoint, therefore, it is difficult to conjure up support for a rule which would allow a furnisher to bring an indemnification action.”
The Adkins Firm represents Houston identity theft victims. Are you a victim of ID theft? Contact the Adkins Firm for a free case review.
CREDIT REPORT DISPUTE LAWYER - Under the Fair Credit Reporting Act (FCRA), there is no private cause of action under 15 U.S.C. § 1681s-2(a). In other words, consumers cannot successfully sue furnishers for reporting false information under the FCRA.
BACKGROUND REPORTS & EMPLOYMENT FCRA CLASS ACTION DISMISSED BECAUSE OF LACK OF STANDING UNDER SPOKEO FACTS A District of Idaho court recently dismissed a FCRA putative background report class action because the plaintiff lacked standing to bring a claim under Spokeo. In Mitchell v. Winco Food, LLC, the plaintiff ("Mitchell") filed a class action lawsuit [...]
Do you have credit report errors? Have you disputed the false information to the credit bureaus? Now What?
Debt Collectors' New Credit Reporting Policy Shortens Time for Negative Credit Information on Consumers' Credit Reports Encore Capital Group, Inc. announced a change in its credit reporting policies for consumers. Encore's subsidiaries include: Midland Credit Management; Midland Funding, Asset Acceptance; Atlantic Credit & Finance. According to the Encore press release, "A significant challenge with current [...]
Owen's Motion to Dismiss FCRA Claims Denied A federal court denied Owen's Motion to Dismiss the plaintiff's claims under the Fair Credit Reporting Act (FCRA). Polvorosa v. Allied Collection Services, et al, U.S.D.C Nev. Jan. 3, 2017 Facts: The plaintiff Polvorosa, alleged that the defendants violated the Fair Credit Reporting Act (FCRA). In 2011, the [...]
The Consumer Financial Protection Bureau (CFPB) took action against Equifax, Trans Union and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores sold to consumers. According to the CFPB papers, Equifax and Trans Union also lured consumers into costly recurring payments for credit related products with false promises. The CFPB ordered [...]