A couple more articles have come out detailing some states’ plans to protect consumers’ FCRA rights since the coronavirus/COVID-19 pandemic started. The first is the story about several Attorneys General sending a letter to the CFPB regarding relaxing the FCRA obligations: First, the CFPB’s announcement it will not enforce the CARES Act’s requirements could discourage...Read More

Millions of Americans are receiving their stimulus checks from the federal government during this time. Many of these Americans have judgments against them or active garnishments from previous creditors or debt collectors. This causes a problem as to who is entitled to the funds — can the consumer keep them or does the debt collector...Read More

The recent Coronavirus pandemic has wrecked havoc on the economy and on the finances of many Americans. While the federal government has taken steps to help, as on now, there appear to be no breaks for credit reports and credit scores. As the Wall Street Journal reports: Legislation that would have prevented credit bureaus from...Read More

A self-help car repossession in New Jersey took a terrible turn when the repo agent took a car with a toddler in it: Police say the father put the child in the car outside their East Orange home Wednesday morning before returning inside to grab a bottle. When he returned, the car had been towed...Read More

The 9th Circuit Court of Appeals issued an opinion in Ramirez v. Trans Union, LLC this week. This case is important because it deals with willful conduct under the Fair Credit Reporting Act (FCRA) and the available punitive damages. The case involved Trans Union inaccurately including information that the consumer was on a terrorist watch...Read More

A story recently came out that lawmakers are interested in changes to the Fair Credit Reporting Act (FCRA) and it shows how the Act may evolve. The Yahoo story on the current bill in Congress reports: The bill would require credit reporting agencies (CRAs) to remove negative comments for private student loan borrowers after completing...Read More

In 2017, a massive amount of data was hacked and accessed from Equifax, which is one of the major credit reporting agencies in the nation. Much of this data was personal information regarding Americans. This week, officials announced findings that the data breach was linked to Chinese Hacking. As the AP in the Houston Chronicle...Read More

Law enforcement in Pennsylvania has charged a man with attempted homicide after firing a gun during a repo of this truck: Police say the operator hooked up the truck and began to drive away when a woman ran out of the house after the truck followed by a man waiving a handgun. The man, later...Read More