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 … Continue reading DEBT COLLECTORS’ NEW CREDIT REPORTING POLICY SHORTENS TIME FOR NEGATIVE CREDIT INFORMATION
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 … Continue reading OCWEN’S MOTION TO DISMISS FCRA CLAIMS DENIED
In a recent decision, a district court denied a user's motion to dismiss citing Spokeo under the Fair Credit Reporting Act ("FCRA"). Green, III v. Rentgrow, Inc. and Trans Union, LLC, Case No.: 2:16-cv-421 (E.D. Va, Nov. 10, 2016). Facts: Walter Green, III, received a credit monitoring alert that RentGrow obtained a copy of his … Continue reading Court Denies RentGrow’s Motion to Dismiss Under Spokeo
WHAT HAPPENS IF THE CREDIT BUREAUS VERIFY CREDIT REPORT ERRORS? Have you made a dispute to a consumer reporting agency, such as Equifax, Experian or Trans Union? Did the credit reporting agency verify false information? The Fair Credit Reporting Act (FCRA) is a federal law that provides consumers in all 50 states with rights, including … Continue reading WHAT HAPPENS IF THE CREDIT BUREAUS VERIFY CREDIT REPORT ERRORS?
IRS TAX DEADLINE - OVER $1 BILLION IN TAX FRAUD Today is the deadline to file your taxes, or to file an extension to file your taxes! Taxpayers have more to worry about filing their taxes this year because of the increase in tax fraud and identity theft. Reports show a steady increase in tax fraud, … Continue reading IRS TAX DEADLINE – OVER $1 BILLION IN TAX FRAUD
Geopolitical analysis company Stratfor has been hit with a lawsuit this week after a computer hacker stole information on thousands of the company's customers. The lawsuit, filed by Stratfor users, claims that information on 90,000 credit card accounts were stolen, as well as 75,000 people's personal information. The lawsuit is seeking more than $50 million in … Continue reading CLASS ACTION LAWSUIT FILED OVER STRATFOR DATA BREACH – THOUSANDS OF CREDIT CARD NUMBERS STOLEN
Lancaster County School records for 25,000 students and 2,500 employees have been hacked. On April 12, 2011, the Lancaster County School District began sending breach notification letters to those affected by the data breach. Click HERE to read the breach notification letter. Like other data breaches, the School District notes in its breach notification letter … Continue reading LANCASTER COUNTY SCHOOL RECORDS DATA BREACH EXPOSES STUDENTS AND EMPLOYEES TO RISK OF IDENTITY THEFT