FCRA UPDATE: NO RIGHT TO OFFSET UNDER FCRA

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.”

4TH CIRCUIT REINFORCES FCRA RULE – NO PRIVATE CAUSE OF ACTION AGAINST FURNISHERS FOR REPORTING FALSE INFORMATION UNDER FCRA

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.

WHAT SHOULD YOU DO WHEN THE CREDIT BUREAU “VERIFIES” FALSE INFORMATION?

Do you have credit report errors? Have you disputed the false information to the credit bureaus? Now What?

CREDIT REPORT ERRORS – PUBLIC RECORD ERRORS – PAID JUDGMENTS & LIENS

Do you have errors on a credit report or background report? We help consumers with false information on credit reports and background reports. Call 800-263-9091 24/7 for free case review.

How Do I Dispute Errors On My Credit Report?

How Do I Dispute Errors On My Credit Report? Consumers often contact The Adkins Firm and ask how do I dispute errors on my credit report?  We suggest consumers make disputes to the credit bureaus, including Equifax, Experian and Trans Union, in writing and by certified mail.  Consumers should keep a copy of their signed [...]

MICAH ADKINS RECOGNIZED BY SUPER LAWYERS AGAIN AS RISING STAR

Super Lawyers recognizes lawyers for performance based on peer recognition. Through the selection process, Super Lawyers identifies candidate either 40 years old or younger or in practice for 10 years or less. All attorneys go through the Super Lawyers selection process. Those who are not selected to the Super Lawyers list, but who meet either one of [...]

EXPERIAN SUMMARY JUDGMENT DENIED – JUDGE SAYS CREDIT IS THE LIFEBLOOD OF THE MODERN AMERICAN ECONOMY – EXPERIAN’S SUMMARY JUDGMENT DENIED

In Burke v. Experian, Judge Anthony J. Trenga opined, "Credit is the lifeblood of the modern American economy and for the American consumer access to credit has become inextricably tied to consumer credit scores as reported by credit reporting agencies." In his opinion, Judge Trenga denied Experian's (a nationwide consumer reporting agency) Motion for Partial [...]

HOW DO I GET A FREE CREDIT REPORT?

Federal law provides consumers with the right to receive their free credit report (annual file disclosure) from all three nationwide consumer reporting agencies, Experian, Equifax and Trans Union, once in a twelve month time period.  15 USC 1681j.  The law also required Experian, Equifax and Trans Union to create a central source for consumers to make a request [...]

COUNTRYWIDE ID THEFT CLASS ACTION SETTLED

A settlement has been approved for a nationwide class action against Countrywide Financial Corporation and 17 million consumers.  The consumers' claimed their private information, including Social Security numbers and bank information, was downloaded and sold by a Countrywide employee.  The nationwide class includes Countrywide's customers who purchased a mortgage or had Countrywide service the mortgage before July 1, [...]