Source: http://fcralawyer.blogspot.com/2009/05/
Timestamp: 2017-10-21 17:44:56
Document Index: 606186944

Matched Legal Cases: ['art 9', 'art 10', 'art 8', 'art 9', 'art 8', 'art 5']

Fair Credit Reporting Act: May 2009
Ojo v. Farmers Group, Inc., Ninth Circuit, No. 06-55522 - In a Fair Housing Act action alleging racial discrimination by a homeowner's insurer, the dismissal of the complaint is reversed where the District Court erred by construing the complaint as challenging credit scoring per se, when in fact it only challenged Defendant's use of scoring that resulted in a racially disparate impact.
Read the whole opinion here - http://www.ca9.uscourts.gov/opinions/view_subpage.php?pk_id=0000009553
Posted by Chris Kittell at 10:06 AM No comments:
We are almost done with the explanation of 15 U.S.C. 1681a - the definition section of the Fair Credit Reporting Act. The next subsection I will explain is subsection (u) which defines the term "reseller".
"(u) The term 'reseller' means a consumer reporting agency that - -
(2) does not maintain a database of the assembled or merged information from which new consumer reports are produced."
[In other words, this means a company that buys the credit information from a consumer reporting agency and then resells it to a third party. You see this a lot with mortgage companies that buy "3 in 1" reports from resellers that take the information from all three national credit bureaus and combine them into one credit report that is easier for the loan officer at the mortgage company to use. Subsection (2) makes it clear that a consumer reporting agency could never be a reseller and vice versa.]
"(v) The term 'Commission' means the Federal Trade Commission."
[The Federal Trade Commission oversees the government's enforcement of the Fair Credit Reporting Act so anywhere you see the word "Commission" in the FCRA, its referring to the Federal Trade Commission.]
"(w) The term 'nationwide specialty consumer reporting agency' means a consumer reporting agency that compiles and maintains files on consumers on a nationwide basis relating to - -
(5) insurance claims."
[This definition refers to many of the non-traditional consumer reporting agencies, such as those that deal exclusively with medical histories, tenant histories (used by landlords), check writing CRAs such as Telecheck, employment histories used by prospective employers, or companies that maintain records of your insurance claim history.]
"(x) Exclusion of Certain Communications for Employee Investigations
(1) A communication is described in this subsection if --
(B) the communication is made to an employer in connection with an investigation of - -
(D) the communication is not provided to any person except - -
(v) pursuant to section 608."
[In other words, communications that are for investigations of suspected misconduct of employees or regarding compliance with a law, that also does not include the investigation of a consumer's credit history and is not just given out to a third party unless its the employer, a regulatory authority or a Federal or State officer, then its not a consumer report and is not covered by the Fair Credit Reporting Act.]
"(2) Subsequent disclosure. After taking any adverse action based in whole or in part on a communication described in paragraph (1), the employer shall disclose to the consumer a summary containing the nature and substance of the communication upon which the adverse action is based, except that the sources of information acquired solely for use in preparing what would be but for subsection (d)(2)(D) an investigative consumer report need not be disclosed."
[In other words, if a communication that is described in paragraph one is made and an adverse action (i.e. firing, demotion, decision not to hire), the employer must provide a summary of the communication to the consumer, much like a credit grantor must disclose such a summary after an adverse credit action (i.e. denial of credit application).]
"(3) For purposes of this subsection, the term 'self-regulatory organization' includes any self-regulatory organization (as defined in section 3(a)(26) of the Securities Exchange Act of 1934), any entity established under title I of the Sarbanes-Oxley Act of 2002, any board of trade designated by the Commodity Futures Trading Commission, and any futures association registered with such Commission."
This concludes (finally) my explanation of the definition section of the FCRA. Next is 15 U.S.C. 1681b which deals with the permissible reasons why someone can access your credit report.
Posted by Chris Kittell at 9:34 PM No comments:
I continue my explanation of 15 U.S.C. 1681a with subsection (r).
"(r) Credit and Debit Related Terms
(1) The term 'credit issuer' means - -
(A) a credit card issuer, in the case of a credit card; and"
[i.e. Bank of America, Chase, etc.]
"(B) a debit card issuer, in the case of a debit card."
[i.e. your bank or whoever issues your bank card]
"(2) The term 'credit card' has the same meaning as in section 103 of the Truth in Lending Act."
[I think everyone in the nation knows what a credit card is, unfortunately.]
"(3) The term 'debit card' means any card issued by a financial institution to a consumer for use in initiating an electronic fund transfer from the account of the consumer at such financial institution, for the purpose of transferring money between accounts or obtaining money, property, labor, or services."
[You probably know what a debit card is too. Its your ATM card that also allows you to make purchases just like a credit card, except that the money comes directly out of your bank account to pay the seller. Think of it this way, a debit card is like gambling in Vegas with your money. You can get into trouble but you can't lose more than you have. A credit card is like gambling in Vegas on a line of credit from the casino, which means you can lose more than you have and get in big trouble. With a credit card, you can spend more than you have. With a debit card, you can't.]
"(4) The terms 'account' and 'electronic fund transfer' have the same meanings as in section 903 of the Electronic Funds Transfer Act."
[The Electronic Funds Transfer Act (i.e. EFTA) defines "account" as "a demand deposit, savings deposit, or other asset account". So its a bank or other financial instution account that holds your money, but does not include a credit card or other credit type account (i.e. line of credit). An "electronic fund transfer" according to the EFTA is a debit or credit to an account that is initiated electronically.]
"(5) The terms 'credit' and 'creditor' have the same meaings as in section 702 of the Equal Credit Opportunity Act."
[The Equal Credit Opportunity Act defines "credit" as " the right granted by a creditor to a debtor to defer payment of debt or to incur debts and defer its payment or to purchase property or services and defer payment therefor". In other words, the right to charge it but not have to pay for it until later.
The term "creditor" according to the ECOA means "any person who regularly extends, renews, or continues credit; any person who regularly arranges for the extension, renewal, or continuation of credit; or any assignee of an original creditor who participates in the decision to extend, renew, or continue credit." In other words, any lender such as a credit card company, a bank, a mortgage company, etc.]
"(s) The term 'Federal banking agency' has the same meaning as in section 3 of the Federal Depost Insurance Act."
[The Federal Insurance Act defines "Federal banking agency" as "the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, or the Federal Deposit Insurance Corporation."]
"(t) The term 'financial institution' means a State or National bank, a State or Federal savings and loan association, a mutual savings bank, a State or Federal credit union, or any other person that, directly or indirectly, holds a transaction account (as defined in section 19(b) of the Federal Reserve Act) belonging to a consumer."
["Financial institution" pretty much means any bank, credit union, savings and loan (do those still exist?), or anyone that holds a transaction account of a consumer.]
Ok, that's it for part 9. Part 10 of the explanation of 15 U.S.C. 1681a will start with subsection (u)'s definition of "reseller".
Posted by Chris Kittell at 8:08 PM No comments:
You've probably heard the ads and seen the commercials for "LifeLock", which claims to be able to prevent your identity from being stolen. Believe me, there's absolutely no 100% way to prevent your identity from being stolen. LifeLock is just another company preying on victims of identity theft or people scared of having their identity stolen.
LifeLock's sales gimmick is that its CEO reveals his real Social Security number on its advertisements, supposedly because LifeLock can prevent his identity from being stolen. Wrong. LifeLock's ads fail to tell you that his identity has been stolen numerous times since his Social Security number started being revealed in LifeLock's ad campaign, despite LifeLock's supposed "protection".
Not only does LifeLock not work, what it does do can be done easily and for free by you. All LifeLock does is add fraud alerts to your credit reports (regardless of whether you are a fraud victim or not), take you off junk mail lists and request your free credit reports for you. Everything that LifeLock supposedly does for you, you can do for yourself with one letter to each of the credit bureaus and the completion of one simple form sent to annualcreditreport.com. Why pay LifeLock over $100 a year for that, especially in this economy.
LifeLock used to automatically tell each of the credit bureaus that its customers were fraud victims, even if they were not. In fact, why sign up for LifeLock AFTER your identity was stolen? Isn't the whole point to sign up and PROTECT your identity? But LifeLock would tell the credit bureaus that its customers were already fraud victims, thereby committing a fraud themselves and, in the process, weakening any case its clients might have under the Fair Credit Reporting Act, since juries don't take kindly to plaintiffs who commit fraud but then complain when someone commits one against them.
I guess LifeLock got sued for this fraudulent practice enough times so that now they only report its customers as fraud victims if they are actually victims of identity theft or suspect they are identity theft victims. But if that is already true, then it is already too late for LifeLock to help them, so what's the point? The truth is ... there is no point to LifeLock. It does not work. It does not do anything that you can't do yourself easily for free. And it does not work. I know I said that last one twice but that was on purpose since LifeLock is a total waste of money.
Advice from this consumer attorney, save your money and DON'T USE LIFELOCK.
Posted by Chris Kittell at 7:28 PM No comments:
Labels: identity theft, LifeLock, scams
This website is a scam - http://www.legalcpn.com/. This website offers to assign you a "CPN" a.k.a. a "Credit Profile Number" to use instead of a Social Security number. Their claim is that by using a CPN, a consumer can avoid any bad credit history already associated with their Social Security number. Don't fall for their claims, which include:
"CPN Services: For as low as $79.99 we will develop your personal business foundation which will be legal for you to own and operate base on current IRS and business rules of law . Don't be discouraged by CPN witch hunters, who rant and rave over the term 'CPN' which is nothing more than a abbreviated 3 letter word which means; nothing more than, Credit Profile Number; which is simply defined as, 'ANY 9 DIGIT NUMBER WHICH CAN BE USED FOR CREDIT,' which means exactly that! Any 9 digit number that can be used for credit, which can be found in every bank, credit union, or financial institution as a SSN, ITIN, TIN, or EIN. Banks and lending institutions DO IN FACT LEND TO; individuals using SSN's, legal non resident aliens using ITIN's, tax paying individuals using TIN's, and businesses using EIN's! For proof and articles proving, 'Their is life beyond SSN Credit.'"
Using a different number is possibly illegal and, regardless, does not work. The credit bureaus' matching logic, while faulty on multiple levels, is able to see through this charade and simply assign the consumer's SSN bad credit to their new "CPN". So, beware, be aware and don't fall for this scam!
Posted by Chris Kittell at 10:32 AM 1 comment:
Labels: legalcpn.com, scams
By LARRY MARGASAK, Associated Press Writer Larry Margasak, Associated Press Writer –
WASHINGTON – The National Archives lost a computer hard drive containing massive amounts of sensitive data from the Clinton administration, including Social Security numbers, addresses, and Secret Service and White House operating procedures, congressional officials said Tuesday.
"The drive contains an as yet unknown amount of personally identifiable information of White House staff and visitors," the statement added.
The FBI is conducting a criminal investigation of the matter, according to Rep. Edolphus Towns, D-N.Y., chairman of the House Oversight and Government Reform Committee. Towns and the committee's senior Republican, Rep. Darrell Issa of California, said they would continue to seek more information.
The drive is missing from the Archives facility in College Park, Md., a Washington suburb. The drive was lost between October 2008 and March 2009 and contained 1 terabyte of data — enough material to fill millions of books.
A Republican committee aide who was at the inspector general's briefing said the Archives had been converting the Clinton administration information to a digital records system when the hard drive went missing.
Committee staff members were told there is a copy of the massive amount of information, but Archives officials have only just begun to learn what was on the drive.
Towns said he would have the FBI and inspector general brief committee members so they can "begin to understand the magnitude of the security breach and all of the steps being taken to recover the lost information.
"The committee will do everything possible to prevent compromising the integrity of the FBI's criminal investigation while we fulfill our constitutional duty to investigate the compromised security protocols," he said.
Issa called for the Archives acting director, Adrienne Thomas, to appear before a committee panel Thursday to "explain how such an outrageous breach of security happened."
Issa said the hard drive was moved from a "secure" storage area to a workspace while it was in use. The inspector general explained that at least 100 badge-holders had access to the area where the hard drive was left unsecured.
Besides those with official access to sensitive material, the inspector general said janitors, visitors, interns and others passed through the area, according to Issa. Further, the workspace is in an area that Archives workers pass through on their way to the bathroom and the door often is left open for ventilation.
"The IG is investigating the situation as a crime with the assistance of the Department of Justice and the Secret Service but they have not yet determined if the loss was the result of theft or accidental loss," Issa said.
Posted by Chris Kittell at 10:30 PM No comments:
Labels: data breach, identity theft, National Archives, stolen personal information
Posted by Chris Kittell at 10:21 PM No comments:
Dispute addresses for the Big Three credit bureaus
The big three credit bureaus all have addresses that consumers are supposed to use to dispute inaccuracies appearing on their credit reports. However, Experian likes to play games in order to avoid recceiving disputes from consumers.
Before I discuss Experian's game playing and the best way around it, here are the addresses to use to dispute errors appearing on your Trans Union and Equifax credit reports:
Now, for Experian's games. Experian wants consumers to send their disputes to whatever p.o. box appears on Experian's website and credit reports. However, every so often, approximately once a year, Experian changes its dispute address and closes the p.o. box that it used previously. This causes the dispute letters to either be returned or, more often, just lost in the nether regions of the postal service. This allows Experian to catch up on disputes that its behind on (because there is a time gap before consumers learn of the new p.o. box to send disputes to) and provides a defense of "we didn't get the dispute" if and when Experian is sued by the consumer whose dispute(s) are lost.
The best way around this particular game played by Experian is for consumers to send their disputes to Experian's physical address, which is 701 Experian Pkwy, Allen, TX 75013. It is much harder on Experian to move their entire building than it is to simply close a p.o. box. So send your disputes to Experian's building in Allen, Texas and thus ensure that Experian can't claim it did not receive your dispute letter.
Posted by Chris Kittell at 10:00 PM No comments:
Labels: Disputing errors on your credit report, Equifax, Experian, Trans Union
Here we go with part 8 of my explanation of 15 U.S.C. 1681a - the definition section of the Fair Credit Reporting Act. The next definition is subsection (p) "consumer reporting agency that compiles and maintains files on consumers on a nationwide basis".
"(p) The term 'consumer reporting agency that compiles and maintains files on consumers on a nationwide basis' means a consumer reporting agency that regularly engages in the practice of assembling or evaluating, and maintaining, for the purpose of furnishing consumer reports to third parties bearing on a consumer's credit worthiness, credit standing, or credit capacity, each of the following regarding consumers residing nationwide:
(2) Credit account information from persons who furnish that information regularly and in the ordinary course of business."
[When thinking about consumer reporting agencies, most people only think of the big three - i.e. Experian, Equifax and Trans Union. But there are many consumer reporting agencies. There used to be hundreds until the big three started buying them up and absorbing them into themselves. Now, there are still many smaller consumer reporting agencies, but most of these do not maintain their own consumer files but instead access the big three's files and prepare 3 in 1 consumer reports for mortgage lenders, automobile finance companies, etc. One exception is CSC, which is a consumer reporting agency that "owns" the credit files compiled by Equifax regarding consumers from approximately 15 states. The credit files of these consumers reside on Equifax's computer but are "owned" and "maintained" by CSC.
The only consumer reporting agencies that fall under the definition of subsection (p) are the big three and certain non-traditional consumer reporting agencies such as Telecheck, which compiles information regarding consumers' check writing histories.]
"(q) Definitions relating to fraud alerts.
(1) The term 'active duty military consumer' means a consumer in military services who --
(A) is on active duty (as definied in section 101(d)(1) of title 10, United States Code) or is a reservist performing duty under a call or order to active duty under a provision of law referred to in section 101(a)(13) of title 10, United States Code; and
(B) is assigned to service away from the usual duty station of the consumer."
[This definition includes any active military serviceman stations away from his or her home and any reservist called up and assigned away from his or her home.]
"(3) The term 'identity theft' means a fraud committed using the identifying information of another person, subject to such further definition as the Commission may prescribe, by regulation."
[i.e. when an identity thief uses any item of the personal information (i.e. name, Social Security number, date of birth, etc.) of a consumer to commit a fraud such as opening a fraudulent credit account.]
"(4) The term 'identity theft report' has the meaning given that term by rule of the Commission, and means, at a minimum, a report - -
(C) the filing of which subjects the person filing the report to criminal penalties relating to the filing of false information if, in fact, the information in the report is false."
[This definition includes police reports that allege identity theft but also includes reports to Federal agencies such as the Secret Service, the FBI and the United States Postal Inspector. I have found in my practice representing victims of identity theft that, many times, police departments refuse to take police reports regarding identity theft. Most of the time, consumers do not realize that they can go to the post office and also make an identity theft report that has the same force and effect as a police report.]
"(5) The term 'new credit plan' means a new account under an open end credit plan (as defined in section 103(i) of the Truth in Lending Act) or a new credit transaction not under an open end credit plan."
[Sounds to me like this means any new account or credit transaction.]
In part 9, I will move on to subsection (r) of 15 U.S.C. 1681a which defines "credit and debit related terms".
Posted by Chris Kittell at 7:48 PM No comments:
This post explains 15 U.S.C. 1681a(o) of the Fair Credit Reporting Act, which reads:
"(o) Excluded communications. A communication is described in this subsection if it is a communication"
[A communication must meet all of the following criteria (i.e. 1 through 5) to be considered "excluded"]
"(1) that, but for subsection (d)(2)(D), would be an investigative consumer report;
(ii) notifies the consumer who is the subject of the communication, in writing, of the consumer's right to request the information described in clause (i)."
[This definition is a long winded way of saying that what would normally be an investigative consumer report is not one if it is regarding a prospective employee who consents to being investigated before the investigation (i.e. information gathering) is begun. The person/company creating the consumer report must not make any inquiry regarding the consumer that would violate any Federal or State equal employment opportunity law or regulation. The person generating the consumer report must also produce it to the consumer upon request.]
I will pick up with 15 U.S.C. 1681a(p) in part 8.
Posted by Chris Kittell at 7:00 PM No comments:
Posted by Chris Kittell at 12:44 PM No comments:
You have all seen the commercials about "free credit reports" with their jingles or catchy sayings. My son, who is only 21 months old, used to stop in the middle of whatever he was doing - playing, crying, eating - to watch the commercials about freecreditreport.com, you know, the ones with the grungy looking band singing a tale about how bad credit ruined their life. People often ask me whether these "free" credit reports advertised on TV are really free.
Unfortunately, they are not. If these "free" credit reports were really free, how would they pay for all the commercials? In reality, you are required to sign up for something (i.e. a year's worth of credit monitoring) to get your "free" credit report. So, unless you want to sign up for something that costs you money, do not use the "free" credit report sites you see advertised on TV.
When the Fair Credit Reporting Act was amended in 2003, Congress mandated that the big three credit bureaus (i.e. Experian, Equifax and Trans Union) set up a website where every consumer in the nation could get one free credit report a year from each of the big three national credit bureaus. This website is http://www.annualfreecreditreport.com/. When you visit this site, it asks for some basic identifying information about you. You then select which of the three credit reports you want to get for free. You can choose one, two or all three, but whichever one(s) you choose, you won't be able to get for another year so choose wisely.
The site then re-routes you to the credit bureaus' websites for the credit reports you chose to get. However, here's where another problem rears its ugly head. Its been reported to me that one or more of the credit bureaus' websites contain arbitration clauses to which you are required to agree to get your Congressionally mandated free credit report. I have already used my free credit reports for the year, so I can not check to see which credit bureaus require arbitration and which do not. However, I find it appalling that consumers are being forced to give away their rights to a jury trial in order to exercise their right to a free credit report. Arbitration is bad because it raises a defense to any lawsuit you might bring against the credit bureaus based upon the contents of the credit reports you receive. A trial is the only place you are on an equal footing with the credit bureaus so you should avoid giving up your right to a jury trial at all costs.
Luckily, there is another way around this. The http://www.annualcreditreport.com/ website also provides a written form that can be completed and mailed in to get your free credit report(s). This form does not include an arbitration clause. Thus, your right to a jury trial is preserved. You can download this form from https://www.annualcreditreport.com/cra/requestformfinal.pdf. You just complete the basic information on the form, fill in the circles for the credit report(s) you want to receive, and mail it to the address located above the shaded box.
Using this form is the only to get a truly free credit report with no strings attached.
Posted by Chris Kittell at 10:55 AM No comments:
Labels: FCRA, free credit reports, FreeCreditReport.com, scams
Continuing with our discussion of 15 U.S.C. 1681a (i.e. the definition section of the Fair Credit Reporting Act), the next definition is an important one in that it defines what constitutes an "adverse action" -
"(k) Adverse Action
(1) Actions included. The term 'adverse action'
(A) has the same meaning as in section 701(d)(6) of the Equal Credit Opportunity Act; and"
[701(d)(6) of th ECOA reads as follows: "For purposes of this subsection, the term 'adverse action' means a denial or revocation of credit, a change in the terms of an existing credit arrangement, or a refusal to grant credit in substantially the amount or on substantially the terms requested. Such term does not include a refusal to extend additional credit under an existing credit arrangement where the applicant is delinquent or otherwise in default, or where such additional credit would exceed a previously established credit limit."
In other words, examples of an adverse action include where a consumer's credit application is denied, where the consumer's existing credit account is messed with by the creditor in an adverse way (i.e. lowering of the credit limit, closing of the account completely or raising of the interest rate), or where a consumer requests one amount of credit but is granted a lesser amount.]
"(B) means
(i) a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with the underwriting of insurance;"
[Adverse actions also include denials of insurance applications or unfavorable changes in the amount of existing insurance coverage or an increase in the cost of existing insurance (i.e. your premium goes up because of the contents of your consumer report)].
"(ii) a denial of employment or any other decision for employment purposes that adversely affects any current or prospective employee;"
[Adverse actions also include denials of employment applications, or demotions, pay reductions or other adverse changes to an employment relationship that are based upon a consumer report.]
"(iii) a denial or cancellation of, an increase in any charge for, or any other adverse or unfavorable change in the terms of, any license or benefit described in section 604(a)(3)(D) [Section 1681b]; and"
[1681(a)(3)(D) relates to licenses or other benefits granted by governmental entities where the governmental entity is required by law to consider an applicant's financial responsibility or status. I will cover this in greater detail when we get to section 1681 but I think this section relates to financial benefits like disability or welfare benefits.]
"(iv) an action taken or determination that is
(I) made in connection with an application that was made by, or a transaction that was initiated by, any consumer, or in connection with a review of an account under section 604(a)(3)(F)(ii)[section 1681b]; and
(II) adverse to the interests of the consumer."
[This is the catch all for adverse actions that do not fall under one of the usual examples of adverse actions. Basically, if a consumer applies for something and does not get it because of the contents of his or her consumer report, it is an adverse action. As indicated by this section, this also includes where existing creditors do periodic reviews of its customers' credit reports and find something that makes the creditor want to reduce its risk by lowering credit limits, closing accounts or increasing interest rates.]
"(2) Applicable findings, decisions, commentary, and orders. For purposes of any determination of whether an action is an adverse action under paragraph (1)(A), all appropriate final findings, decisions, commentary, and orders issued under section 701(d)(6) of the Equal Credit Opportunity Act by the Board of Governors of the Federal Reserve System or any court shall apply."
[This section just takes advantage of prior decisions defining adverse actions made by Courts and the Board of Governors of the Federal Reserve System. As a result, the FCRA's definition of "adverse action" did not have to start from scratch.]
The next installment will cover the definition of "firm offer of credit or insurance", another important definition in the FCRA.
Posted by Chris Kittell at 8:32 PM 2 comments:
Any of you need help with errors on your credit report? Are you getting the run around from the credit bureaus? Are Equifax, Trans Union or Experian reporting wrong or incorrect credit information about you? Are you a victim of identity theft? Or have the consumer reporting agencies mixing your credit report with that of another person with a similar name or Social Security number? Or do you have a creditor reporting erroneous information about you or your credit account? Do you think one of the credit bureaus or a furnisher of credit information has violated the Fair Credit Reporting Act?
If you answered yes to any of the above questions, please feel free to contact me via a comment to any post on this blog. I am here to help you.
Posted by Chris Kittell at 4:32 PM 1 comment:
Part four of the summary of 15 U.S.C. 1681a (the definition section of the Fair Credit Reporting Act):
"(h) The term 'employment purposes' when used in connection with a consumer report means a report used for the purpose of evaluating a consumer for employment, promotion, reassignment or retention as an employee."
[In other words, a consumer report that is used by a potential employer when deciding whether to hire a consumer, or a consumer report used by a current employer when deciding whether to promote, reassign or keep an employee, is used for "employment purposes".]
"(i) The term 'medical information' - -
(1) means information or data, whether oral or recorded, in any form or medium, created by or derived from a health care provider or the consumer, that relates to - -
(A) the past, present, or future physical, mental, or behavorial health or condition of an individual;
(C) the payment for the provision of health care to an individual."
[If the information falls under any of these categories, it is considered "medical information" and can not be included on a consumer report.]
"(2) does not include the age or gender of a consumer, demographic information about the consumer, including a consumer's residence address or e-mail address, or any other information about a consumer that does not related to the physical, mental, or behavioral health or condition of a consumer, including the existence or value of any insurance policy."
[These items are not considered "medical information" and are thus allowed to be on a consumer report or an investigative consumer report.]
"(j) Definitions Relating to Child Support Obligations
(1) The 'overdue support' has the meaning given to such term in section 666(e) of title 42 [Social Security Act, 42 U.S.C. Section 666(e)].
(2) The term 'State or local child support enforcement agency' means a State or local agency which administers a State or local program for establishing and enforcing child support obligations."
[These definitions relate to 15 U.S.C. 1681s-1 which requires consumer reportin agencies to publish information regarding a consumer's failure to pay overdue child support if the information is less than 7 years old and reported to the consumer reporting agency by a State or local child support enforcement agency.]
Part 5 of 15 U.S.C. 1681a will pick up with subsection (k).
Posted by Chris Kittell at 11:24 AM No comments:
More explanation regarding the definitions found in 15 U.S.C. 1681a of the Fair Credit Reporting Act:
"(e) The term "investigative consumer report" means a consumer report or portion thereof in which information on a consumer's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with neighbors, friends, or associates of the consumer reported on or with others with whom he is acquainted or who may have knowledge concerning any such items of information. However, such information shall not include specific factual information on a consumer's credit record obtained directly from a creditor of the consumer or from a consumer reporting agency which such information was obtained directly from a credito of the consumer or from the consumer."
[That's a mouthful. Investigative consumer reports are really just reports about consumers that do not directly touch on a consumer's credit worthiness. One example is a report on a consumer's criminal record. Another example is a report regarding the neighborhood a consumer lives in, including the incomes of the consumer's neighbors.
While at least some of the big three credit bureaus sell investigative consumer reports (Experian jumps to mind), I have never heard of a consumer reporting agency actually directly talking to any neighbor or friend of a consumer. They certainly do not talk to anyone when investigating a consumer's dispute of an error appearing on his credit report! In reality, "investigative consumer reports" are just compilations of information about consumers that do not include credit history type information, such as criminal records, driving records, litigation records, insurance claim summaries, etc.]
"(f) The term "consumer reporting agency" means any person which, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties, and which uses any means or facility of interstate commerce for the purpose of preparing or furnishing consumer reports."
[This is an important definition. As you can see, it clearly applies to the big three credit bureaus, Experian, Equifax and Trans Union. But it is broader than just the credit bureaus. It applies to any company that compiles information about a consumer for the purpose of the compiled information to third parties. For instance, Telecheck, which keeps up with whether consumers have a likelihood to write bad checks, is a consumer reporting agency since it tracks consumers' check writing history and sells this information to merchants. So just because a company does not call itself a consumer reporting agency does not mean that the FCRA does not apply to them as such.]
"(g) The term "file", when used in connection with information on any consumer, means all of the information on that consumer recorded and retained by a consumer reporting agency regardless of how the information is stored."
[This definition, while appearing obvious at first, is important because of 15 U.S.C. 1681g, which requires a consumer reporting agency to provide a consumer, upon request, with a copy of his or her file. The big three (i.e. Experian, Equifax and Trans Union) prefer to only provide you what they contend is your credit file. But in reality, they are only providing you with part of your "file" as that term is defined by 15 U.S.C. 1681a(g). More on that when we get to 1681g. The credit bureaus also have other information about you, such as "snapshots" of your credit report as it looked at different times in the past or your credit score. Even though these snapshots are not part of what the credit bureaus say is your file, they do fall under 1681a(g)'s definition of "file" and thus should be produced on request. Also, the consumer reporting agencies maintain "audit trails" which are about you but are routinely not produced as part of your "file". Audit trails are the actual information entered by a creditor to access your credit file (i.e. name, SSN, address, date of birth) and also includes the credit score provided by the credit bureau to the creditor and the denial codes that the credit bureau suggests the creditor use if it wants to deny the credit application. These codes translate into textual reasons for denial such as "delinquent credit obligations" or "debt to income ratio too high", etc. that you see on the adverse action letters sent by creditor to denied applicants.
Note also the qualification that it does not matter how the information is stored. If its about you, its still part of your file, even if its in computer format or has not been printed yet. Thus, I think even your credit score is part of your "file" that should be produced upon request.]
I will continue on with 1681a in the next installment.
"(d) Consumer Report
(1) In general. The term 'consumer report' means any written, oral, or other communication of any information by a consumer reporting agency bearing on a consumer's credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing the consumer eligibility for
(C) any other purpose authorized under section 604 [(1681b]."
[This means that only credit reports transmitted by a consumer reporting agency to a third party is considered a "consumer report". The credit report provided directly to the consumer by the consumer reporting agency to review is not a "consumer report" but is instead a "consumer disclosure" and thus does not fall under the definition of "consumer report". Also, a credit report is only a "consumer report" if it is either used for personal, family or household purposes, or employment purposes or one of the permissible purposes found in 1681b, which we will cover later. This means that credit reports generated for a business purpose (i.e. a business loan) are not "consumer reports" and thus do not fall under the protections of the FCRA.]
"(2) Exclusions. Except as provided in paragraph (3), the term 'consumer report' does not include
(i) report containing information solely as to transactions or experiences between the consumer and the person making the report;"
[This means that reports that only contain information regarding the dealings between the consumer and the person making the report are not consumer reports. This makes sense because its not an assembly of the overall credit history but only the experiences of that particular consumer with the particular company creating the report.]
"(ii) communication of that information among persons related by common ownership or affiliated by corporate control; or
(iii) communication of other information among persons related by common ownership or affiliated by corporate control, if it is clearly and conspiciously disclosed to the consumer that the information may be communicated among such persons and the consumer is given the opportunity, before the time that the information is initially communicated, to direct that such information not be communicated among such persons;"
[Subsections (ii) and (iii) allow the internal sharing of information between sister corporations or parent/child corporations without triggering the requirements of the FCRA.]
"(B) any authorization or approval of a specific extension of credit directly or indirectly by the issuer of a credit card or similar device;"
[In other words, the conveying of a decision to grant or deny a credit application is not a "consumer report" but is obviously often based upon a "consumer report".]
"(C) any report in which a person who has been requested by a third party to make a specific extension of credit directly or indirectly to a consumer conveys his or her decision with respect to such request, if the third party advises the consumer of the name and address of the person to whom the request was made, and such person makes the disclosures to the consumer required under section 615 [1681m]; or"
[I am not sure exactly what this section is talking about. It might be the situation where a consumer is attempting to make a purchase (i.e. a car) and the seller shops the note on the purchase to different potential lenders. The communications from these lenders to the seller regarding whether they will grant credit are not "consumer reports".]
"(D) a communication described in subsection (o) or (x)."
[We'll get to these when we cover subsections (o) and (x).]
"(3) Restriction on sharing of medical information. Except for information or any communication of information disclosed as provided in section 604(g)(3), the exclusions in paragraph (2) shall not apply with respect to information disclosed to any person related by common ownership or affiliated by corporate control, if the information is --
(C) an aggregate list of identified consumers based on payment transactions for medical products or services."
[Basically, the "consumer report" can not include medical information, even just a name of a medical provider, if that name reveals any type of private medical information about the consumer (i.e. a bill from a "Cancer Hospital").]
This concludes the definition of "consumer report" which is long but obviously important. The next post will continue the definitions section of 15 U.S.C 1681a.
Posted by Chris Kittell at 10:50 AM No comments:
I posted about the credit card bill passed by the Senate a few days ago. The underlying theme of my post was that this law was not good enough. Well, I don't know if I just read it wrong or if the House changed it, but the version passed by the House was much better than what I posted about.
The bill as passed by the House would generally bar interest rate increases on existing balances unless a cardholder has failed to make even a minimum payment for 60 days. It would outlaw double-cycle billing, require 45 days' notice before any interest rate increase and prohibit increases any time in the first year after an account is activated. The legislation would also require card companies to apply a consumer's monthly payment to the debt with the highest interest rate, or to all debts equally.
This obviously alleviates a lot of my fears. First and foremost, it bars interest rate increases on existing balances unless the consumer fails to make a minimum payment for at least 60 days. Of course, knowing the credit card industry, our minimum payments will now go way up.
I also like the provision about applying the payments to the balances with the higher interest rates. I have a credit card right now that offered me this great 0% rate for any balance I transferred to the card. I usually paid this particular credit card off every month. However, apparently before I transferred the balance but after I had paid the card off from the previous month, several transactions posted. So there was a balance on the card before I transferred the balance that the 0% rate applied to. Because this particular card applies payments to the balance subject to the lower interest rate first, my payments ever since the transfer have applied to the balance with the 0% rate, leaving the other balance accumulating finance charges every month. Luckily, its not much, but if this had occurred after the new law that was just passed by Congress, that balance would have been paid first and I would actually get the full benefit of the 0% rate.
President Obama has not signed the bill into law yet, but it shouldn't take him long. Thank you, President Obama, for once again helping to level the playing field for us consumers.
Posted by Chris Kittell at 7:10 PM No comments:
A few of the highlights from the executive memorandum regarding preemption:
Heads of departments and agencies should review regulations issued within the past 10 years that contain statements in regulatory preambles or codified provisions intended by the department or agency to preempt State law, in order to decide whether such statements or provisions are justified under applicable legal principles governing preemption. Where the head of a department or agency determines that a regulatory statement of preemption or codified regulatory provision cannot be so justified, the head of that department or agency should initiate appropriate action, which may include amendment of the relevant regulation.
This is great news for all of us who have been fighting federal regulatory attacks our states consumer protection laws. Now, we need to get those regulatory heads to undo the terrible preemption work done over the last decade.
Posted by Chris Kittell at 7:07 PM No comments:
any questions you may have regarding the Fair Credit Reporting Act, the consumer reporting agencies (i.e. Experian, Equifax or Trans Union), the credit card industry, or just consumer law or personal injury law in general, please feel free to ask via a comment to any posting on this website.
Posted by Chris Kittell at 6:58 PM No comments:
Posted by Chris Kittell at 6:41 PM No comments:
The first "lettered" section of the Fair Credit Reporting Act is 15 U.S.C. 1681a. This is the "definition" section of the FCRA. This section of the FCRA is quite lengthy, so I am going to split up the explanation of 1681a into several posts.
15 U.S.C. 1681a is entitled "Definitions; rules of construction" and begins:
"(a) Definitions and rules of construction set forth in this section are applicable for the purposes of this title."
This means the definitions and rules of construction in the rest of the 1681a apply to the entire FCRA.
The first actual definition is found in subsection (b).
"(b) The term 'person' means any individual, partnership, corporation, trust, estate, cooperative, association, government or governmental subdivision or agency, or other entity."
Bet you didn't know that the word "person" had to be defined. The reason behind the definition of person is to differentiate it from "consumer". The word "person" is broader than "consumer".
"(c) The term 'consumer' means an individual."
Told you "consumer" was less broad than "person". This means that a "consumer report" is only about an actual living individual, not a corporation, assoication, trust, estate, etc. Thus, a credit report about something other than a consumer is not a "consumer report" and is therefore not subject to the FCRA.
Speaking of consumer reports ... we'll discuss their definition in the next post.
Posted by Chris Kittell at 10:07 PM No comments:
The Senate today passed a bill that has received a lot of attention all over the news and internet as being a win for consumers against the credit card industry. Unfortunately, its bark is much worse than its bite.
The bill was hyped as being aimed at preventing credit card companies from unilaterally raising your credit card's interest rate. You know, the way they do it now is to write you a letter that says "we are changing our contract to which you agreed." They then go on to say something to the tune of "deal with it or we'll cancel your card". The consumer in essence wields no power, except to not use credit cards at all. Then what would the Bank of Americas of the world do? But I digress.
The problem with the credit card law that the Senate passed today 90 to 5 is that it doesn't live up to its hype. Instead of preventing credit card companies from unilaterally changing your contract, the new law just makes the credit card companies give 45 days notice and an "explanation" before unilaterally raising your rate. I'm sure those "explanations" will be sooooo compelling. They will probably be based upon the same "explanations" given by the credit card companies when they deny your credit card application, you know - those cryptic explanations given that are actually supplied by the credit bureaus based upon the often inaccurate contents of your credit report.
Also, assuming the House passes substantially the same bill as the Senate, the law will not go into effect for at least nine months. I predict a rash of increases to credit card interest rates which, at the current stage of the recession, would be terrible for consumers. Once again, a bill is passed that is "billed" as being pro-consumer when, in reality, it does little to help the consumers and, in the short run, will hurt consumers when they are at their most vunerable.
Posted by Chris Kittell at 6:28 PM No comments:
Posted by Chris Kittell at 5:39 PM No comments:
I have been representing consumers in lawsuits via the Fair Credit Reporting Act since September 1999. In this time, I have represented consumers in litigation against pretty much all the major names in the credit industry, from the three credit bureaus (Equifax, Experian and Trans Union) to all the major banks (Bank of America, Capital One, Citibank, MBNA, Bank One, etc.). I have also sued companies like Verizon, Navy Federal Credit Union, Ford Motor Credit Company and American General.
Most of the FCRA lawsuits that I have handled arose from the theft of my client's identity. Sometimes I sue the creditors that opened the fraud accounts for what I call "negligent enablement of identity theft". Other times I simply sue the creditors and/or the credit bureaus for refusing to remove the fraudulently opened accounts from my clients' credit reports. Such lawsuits allege various violations of the Fair Credit Reporting Act, such as violations of the credit bureau's duty to perform a reasonable investigation of the disputed information pursuant to 15 U.S.C. Section 1681i or the furnisher's (i.e. the credit card company) duty to perform a reasonable investigation of the disputed information pursuant to 15 U.S.C. Section 1681s-2(b). You can't sue for violations of 1681s-2(a) as there is no private cause of action for violations of that part of 1681s-2. The FCRA also requires consumer reporting agencies to follow reasonable procedures to assure maximum possible accuracy of the credit reports they prepare.
For negligent violations of the Fair Credit Reporting Act, consumers can recover their actual damages (i.e. money lost due to increased interest rates, emotional distress, humiliation, etc.), plus reasonable attorneys' fees and court costs. For willful violations (i.e. violations committed either intentionally or with reckless disregard for the requirements of the FCRA), the consumer can also recover punitive damages. If proper representation is utilized, FCRA cases can have significant case value due to the seriousness of the damages involved, particularly the emotional damages arising from the consumer's feeling of loss of control of his or her finances.
Posted by Chris Kittell at 10:09 PM No comments:
The FCRA conference in Chicago this weekend was a very big success. Hundreds of consumer lawyers and consumer advocates learned what they need to know to go toe to toe with the credit bureaus and the credit card industry.
As I mentioned before, there were two conference "tracks", one for beginners and the other for advanced practicioners. I spoke four times, three times to the beginner track and once to the advanced track.
Chris Green (a Seattle, Washington consumer lawyer) and I taught the 150 or so "beginners" how to read credit reports. Jim Francis (a Philadelphia, PA consumer lawyer with Francis & Mailman) and I lectured the beginners regarding the responsibilities of consumer reporting agencies (a.k.a. credit bureaus), including their duties under 15 U.S.C. Sections 1681i, 1681e(b), 1681g, 1681b and 1681c. Elizabeth De Armand and I did our best to cover the very difficult topic of qualified immunity and preemption under the FCRA. Qualified immunity arises from 15 U.S.C. 1681h(e) while preemption comes primarily from 15 U.S.C. 1681t(b)(1)(F). We only had 30 minutes to cover this topic which is not near enough time, but we did our best.
Finally, I spoke to the advanced track with Oregon consumer lawyer Robert Solo, Jim Francis and Mark Mailman (both from Philadelphia) and my good friend Sonya Valentine, a Maryland/D.C. consumer attorney. Our topic was about marketing and ethical issues arising as a consumer attorney.
For those of you who attended the conference, I truly enjoyed speaking and all the insightful questions I received. For those of you who did not attend, where were you?!
Posted by Chris Kittell at 9:48 PM No comments:
Labels: FCRA, NACA
And here's the agenda for the advanced track:
FCRA Conference 2009
Other Possible Uses of the FCRA: 1-3:00 pm
Understanding Other Databases and Specialty Consumer Reports: Employment, Tenant and Criminal Records (looking at new defendants and cases to bring)
Foreclosures, loan modifications and the Fair Credit Reporting Act
FCRA – Latest Development: Case law and Strategies 3:15-3:45pm
Running a Successful and Ethical FCRA Consumer Law Practice 3:45-5:15pm
Expanding and Marketing Your Practice
Building and developing co-counsel relationships
Collaborating and assisting other NACA members
Discovery and Settlement 8:30-10:30am
How to Effectively Use Experts
Evidence issues: credit reports – how to get them introduced
: establishing “willfulness”
Discovery and Settlement 10:45-12:30
Documents- what are all the documents you need to know about
Advanced deposition practice (clients and defendants)
Lunch (12:30- 2:00pm)
Discovery and Settlement 2:00 -3:15pm
Getting significantly higher settlement in every day cases: Establishing real damages:
Information Sharing on Common Players: A Round Table Discussion 3:30-5:30pm
Understanding defense counsel
Understanding common defendants
Joint Session Agenda
Taking and Defending Depositions 9:00-10:15am
Opening Statements 10:30-11:30am
Closing Arguments 11:30-12:3am
Posted by Chris Kittell at 2:14 PM No comments:
I mentioned in a previous post that I am speaking at this year's NACA FCRA conference in Chicago. Here's the agenda for the beginner's track
Newcomer Agenda
Overview of FCRA Litigation Practice (using available resources) 1:00-1:30pm
Responsibilities of Credit Reporting Agencies 1:30-2:30pm
Responsibilities of Furnishers 2:30-3:15pm
Permissible Purposes for Accessing Credit Report 3:30-4:10pm
Claims Under FACTA 4:10-4:45pm
State Causes of Action and Preemption concerns 4:45-5:15pm
How to Read credit reports 8:30- 9:30am
Understanding Background Checks and Employment Reports 9:30-10:30am
The Business of Running an Ethical FCRA Practice 10:45-11:30
Helping ID Theft Victims
Case Selection and Setup – What Makes a Good Case 11:30-12:30
Managing the cases
Conducting Basic Discovery 2:00-300pm
Damages: (Thinking Like a PI Lawyer) 3:00-3:45pm
Motion Practice – How to Avoid Summary Judgment 4:00-4:45pm
Ethically Settling or Trying Cases 4:45-5:45pm
Multi-Defendant Strategies
What cases should we settle (and how)
What cases should we try
Opening Statements 10:30-11:30
Closing Arguments 11:30-12:30
Posted by Chris Kittell at 2:08 PM No comments:
Posted by Chris Kittell at 2:04 PM No comments:
FTC to study using credit scores to set insurance premiums
The FTC is conducting a study "on the effect of credit-based insurance scores on the availability and affordability of homeowners insurance". As you may know, most insurance companies now use your credit score as part of (1) the decision to insure you and (2) if they do insure you, the calculation of how much your premiums will be. Read more here - http://www.ftc.gov/opa/2009/04/facta.shtm.
I've never understood how missing a payment or not paying a medical collection (that you might not even know about) can predict whether you are going to have a wreck or a house fire or flood. But that's exactly what the insurance companies claim, that your payment history is an indication of whether you will have an insurance claim. Maybe this study will reveal this to be the farce that it is.
Posted by Chris Kittell at 9:57 PM No comments:
"FTC Will Grant Three-Month Delay of Enforcement of ‘Red Flags’ Rule Requiring Creditors and Financial Institutions to Adopt Identity Theft Prevention Programs" - like creditors and financial institutions weren't aware of identity theft?!
The link to the article on the FTC website is http://www.ftc.gov/opa/2009/04/redflagsrule.shtm. Enforcement of this part of FACTA, which was only passed approximately 6 (yes 6) years ago, has now been delayed until August 1, 2009. How long does it take to adopt something that all creditors should already have, i.e. common sense?! What a joke. Thank God for common law negligence so there's at least something that can be enforced against creditors for negligently allowing theives to steal your identity!
Posted by Chris Kittell at 9:44 PM No comments:
You've seen the ads for "free" credit reports, even set to funky little songs like "free credit report dot coooooom". But most, if not all, of the so called "free" credit reports you see on tv or online are not really free. They make you sign up for some service to be able to get your "free" credit report.
The only truly free credit reports are the ones you can get through http://www.annualcreditreport.com/, which is the website mandated by Congress when the FCRA was last amended. You can get one credit report from each of the three national credit bureaus (Equifax, Experian and Trans Union) per year (for a total of three). You can get them at the same time or spread them out, whatever you prefer. Your credit score does not come with the free credit reports, but you can add your score for a small fee (like $5).
You can get your free credit reports three different ways. One is by visiting http://www.annualcreditreport.com/, which then redirects you to the websites for whichever credit report(s) you want to obtain. Each bureau's website will make you jump through a few hoops to verify that you are you. Most of the time this is easy, like picking the amount of your car payment or the name of your mortgage company from a multiple choice list. This can get tricky if you are a victim of identity theft and the credit bureau asks you about an account that was opened fraudulent and, as a result, you have no or little knowledge about. The other pitfall is that the credit bureau's website might require you to agree to arbitration to get your credit report. This REALLY irks me since that means you are required to give up your right to a jury trial (and maybe other rights) in exchange for something that you are already entitled to (i.e. your Congressionally mandated free credit report).
The best way around the potential arbitration and verification issues is to request your free credit report(s) via regular mail. This takes a little longer, but just a few days. You must use the correct form, which can be found at https://www.annualcreditreport.com/cra/requestformfinal.pdf, but it does not contain any arbitration clauses to worry about. This is how I request my credit reports once a year.
The last way to get your free credit report is by calling. I have never tried this option so I can not comment on any pitfalls that might be associated with calling. The number is 1-877-322-8228 and allegedly includes some type of verification process.
Of course, you can always request your credit reports directly from the credit bureaus even if you have already gotten your free credit report. But that requires you to pay a fee to obtain the credit report unless you have been denied credit based on that credit bureau's credit report regarding you within 60 days, or you are disputing an error (the credit bureau is supposed to send a free updated credit report after its "investigation" of your dispute) or if you indicated that you believe there are errors on your credit report as a result of fraud.
Posted by Chris Kittell at 9:07 PM No comments:
Labels: annualcreditreport.com, FCRA, free credit reports
If any of you have questions about the Fair Credit Reporting Act or have topics concerning the FCRA that you want covered in greater detail, just say the word and I'll be happy to give you my opinion. Just leave your question, topic or comment in a "comment" to any post and I'll address it as soon as I can. I also handle Fair Debt Collection Practices Act cases as well as general personal injury (i.e. car wrecks, slip and fall, etc.) so if you have questions concerning those areas of the law, go ahead and ask.
Posted by Chris Kittell at 5:49 PM No comments:
I have been practicing law since 1999 but have worked for attorneys since my senior year in high school in 1991. My first legal experience came as a lowly runner for a very successful husband and wife law firm - the now defunct Lewis & Lewis, P.A. Mike and Pauline Lewis were excellent attorneys and quickly took me on as an apprentice. I quickly worked my way up to paralegal and got to attend many trials, first because I was good at carrying file boxes into the courthouse and later because I show an aptitude for the legal profession. Thanks to Mike and Pauline, I had witnessed several trials, including multi-million dollar verdicts, before even stepping foot into law school.
Mike and Pauline also had what was at the time the largest verdict against a credit bureau, a $4.47 million dollar verdict against Trans Union in the Northern District of Mississippi, Eastern Division in Aberdeen, Mississippi. The plaintiff in the case was a victim of identity theft when his brother allegedly stole his identity and opened several accounts and even bought a vehicle in the plaintiff's name. This was Mike and Pauline's first case (and mine too) utilizing the Fair Credit Reporting Act. Pauline initially was just trying to help the plaintiff clear up his credit by writing dispute letters on his behalf. When that didn't work, they sued Trans Union, who removed the inaccurate and fraudulently opened accounts and paid a confidential settlement. The story should have ended here but, as so often happens with the credit bureaus, the inaccurate information reappeared on the plaintiff's credit report. Mike and Pauline sued Trans Union again for the plaintiff and this time refused to settle. The case went to trial in 1996 (my first year in law school) and resulted in a $50,000 compensatory award and a $4.47 million dollar punitive verdict.
The verdict was appealed and, in my opinion, wrongly reversed by the Fifth Circuit Court of Appeals in New Orleans, Louisiana. However, the plaintiff was able to make history, get Trans Union's attention and the national press from the verdict resulted in Mike and Pauline (and eventually me) getting hired by clients all over the nation to represent them against Trans Union and the other credit bureaus.
Since then, Mike and Pauline have retired from the practice of law but I have continued to represent consumers in litigation against the credit bureaus all over the nation, from my home in Mississippi to Montana, New York, Texas, Louisiana, Indiana, Kansas, Colorado, Connecticut and Maryland, to name a few.
Posted by Chris Kittell at 5:31 PM No comments:
I am attending and speaking at the National Association of Consumer Advocates' bi-annual Fair Credit Reporting Act conference in Chicago, Illinois this coming weekend. I have spoken at this conference every year since its inception in 2000 (it was an annual conference until 2008) and have served on its steering committee the last few years.
This year's conference is May 8 through 10 at the Hyatt Regency in Chicago. The conference will be different this year, in that it will have two tracks, one for beginners and one for more advanced practicioners of the FCRA. Thus, this conference offers something for every attorney interested in representing consumers in litigation against the credit reporting agencies Experian, Equifax and Trans Union or against furnishers of inaccurate credit information (i.e. credit card companies, mortgage companies, collection agencies and public record vendors).
The only problem with this year's conference is that the Cubs are not playing at home while the conference is ongoing. Other than that very important detail, this year's conference should be excellent and boasts an excellent line up of speakers.
Posted by Chris Kittell at 5:20 PM No comments: