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Northern District of AL Awarded Over $3mil to Plaintiff in Lawsuit Against Experian

A civil suit filed in the Northern District of Alabama, Younger v. portfolio Recovery Associates LLC et al., alleging Experian violated the Fair Credit Reporting Act by failing to establish or follow reasonable procedures to assure maximum possible accuracy in the preparation of the credit report and credit files they publish and maintain was decided in favor of the Plaintiff last month, with the Plaintiff being awarded $3,005,000. By their own admission, Experian does not initiate disputes based on suspicious correspondence "in an effort to safeguard your personal credit information from fraud," and declined to initiate the dispute indicating the determined that the request was not sent by

CRA Not Liable for Customer's Misuse of i

The Ninth Circuit decided that a CRA is not liable for misuse of information by a customer. An article by Troutman Sanders states: On May 29, the Ninth Circuit ruled that an end-user’s misuse of reported information does not render a credit reporting agency’s report inaccurate for purposes of liability under the Fair Credit Reporting Act. The Court affirmed the district court’s grant of summary judgment in the putative class action case brought against a national credit reporting agency (“CRA”). The action centered on the CRA’s reporting of short sales and foreclosures. In reporting a short sale, the CRA coded the account with a “9-68.” The lead code of “9” indicated “Settled” and the “6

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