Download or read book The Un Fair Credit Reporting Act written by Alexandra Sickler and published by . This book was released on 2016 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress passed the Fair Credit Reporting Act over forty years ago intending to benefit consumers and the credit industry through increased accuracy in credit reporting. Accuracy in consumer credit reporting is fundamental to an individual's access to credit at fair rates as well as other services and opportunities. It is also instrumental to efficient functioning f the credit markets. Congress tried to achieve accuracy in consumer credit reporting by imposing substantive duties on the companies that participate in credit reporting to maintain accurate information and by implementing a framework consumers can use to try to correct errors on their consumer credit reports. Congress has gradually amended the FCRA to the detriment of consumers, allowing the interests of the credit industry to trump the statute's accuracy norm. Among the statute's weaknesses is an enforcement regime that has inadequately regulated industry at the federal and state level and failed provide consumers access to justice at an individual level. The failure of FCRA enforcement has received insufficient attention from legislators, regulators, and scholars. This Article examines the failure of FCRA enforcement and proposes a structural overhaul of its hybrid public-private enforcement regime to more effectively promote the FCRA's primary purpose, accuracy in consumer credit reporting.
Download or read book Fair Credit Reporting written by Chi Chi Wu and published by . This book was released on 2006 with total page 1018 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage and published by . This book was released on 1991 with total page 816 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by Federal Deposit Insurance Corporation and published by . This book was released on 1980 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting written by Anthony Rodriguez and published by . This book was released on 2002 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Amending Fair Credit Reporting Act written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by Willard Ogburn and published by . This book was released on 1998 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by Willard Ogburn and published by . This book was released on 1988 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit and published by . This book was released on 2003 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by LandMark Publications and published by . This book was released on 2017-06-15 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: THIS CASEBOOK contains a selection of U. S. Court of Appeals decisions that analyze, discuss and interpret provisions of the Fair Credit Reporting Act. The selection of decisions spans from 2008 to the date of publication.The FCRA regulates the collection and dissemination of certain consumer data bearing on credit eligibility. Its protections are focused on the sale of "consumer reports" -- communications (1) containing information related to any one of seven specific consumer characteristics (including credit standing and worthiness and other personal information), which are (2) prepared to assist buyers in making certain eligibility determinations, including credit eligibility. 15 U.S.C. � 1681a(d). Berry v. Schulman, 807 F. 3d 600 (4th Cir. 2015).The Act imposes various obligations on "consumer reporting agencies" -- companies that regularly prepare "consumer reports," 15 U.S.C. � 1681a(f) -- and provides a wide panoply of protections for consumers. For example, consumer reports may be furnished only for certain uses, such as credit transactions. Id. at � 1681b(a)(3)(A). Consumers are given the right to view the information in their files, id. at � 1681g(a)(1), and if they dispute the information they find, the consumer reporting agency must conduct a reasonable investigation into the information's accuracy, id. at � 1681i(a)(1)(A). None of those protections applies, however, unless and until a "consumer report" has been issued. Berry v. Schulman, ibid.The FCRA provides a private right of action against those who violate its statutory requirements in procuring and using consumer reports. The affected consumer is entitled to actual damages for a negligent violation. 15 U.S.C. � 1681o. For a willful violation, however, a consumer may recover statutory damages ranging from $100 to $1,000, punitive damages, and attorney's fees and costs. 15 U.S.C. � 1681n. Syed v. MI, LLC, 846 F. 3d 1034 (9th Cir. 2017).
Download or read book The Fair Credit Reporting Act written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Consumer and Regulatory Affairs and published by . This book was released on 1992 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by Willard Ogburn and published by . This book was released on 1982 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on the prevention of reporting inaccurate credit reports and the unauthorized disclosure of personal information. Topics include specific reporting agency compliance obligations, consumer rights, improper reporting agency use of information in consumer files, judicial remedies, and how to learn what information is on file about the consumer.
Download or read book Fair Credit Reporting Act written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage and published by . This book was released on 1992 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Financial Information Practices Act Credit titles I and II written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Consumer Affairs and published by . This book was released on 1980 with total page 1468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Amendments to the Fair Credit Reporting Act written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage and published by . This book was released on 1990 with total page 870 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fair Credit Reporting Act written by William F. Willier and published by . This book was released on 1971 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fair Credit Reporting Act written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage and published by . This book was released on 1989 with total page 1348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
