Credit Reports

Experian Incorrect Addresses and Fraud Shield Reporting Settlement

This settlement has been expanded to provide money for certain consumers. The complaint alleged Experian Information Solutions, Inc. violated the Fair Credit Reporting Act (FCRA) when it (1) incorrectly reported some consumers’ home addresses as being high-risk or non-residential, (2) did not have procedures in place to make sure that it reported Fraud Shield indicators  Read more

Capital One Adverse Actions Without Sufficient Information Massachusetts Class Action

This class action, against Capital One Bank (USA), NA, is based on the federal Equal Credit Opportunity Act (ECOA) and the Massachusetts Consumer Credit Reporting Act (MCCRA). The complaint alleges that Capital One does not provide the specific reasons for adverse actions taken with respect to credit transactions, and that it closes credit card accounts  Read more

Elon Property Management Credit Reporting Fee Settlement

Elon Property Management Company – Lexford Pools 1/3 LLC and Elon Property Management LLC are putting up half a million dollars to partially settle a class action alleging they did not comply with the disclosure requirements of the federal Credit Repair Organizations Act (CROA) in running a credit building program with tenants of their residential  Read more

Trans Union Names on OFAC Database Settlement

Trans Union, LLC is paying $9 million to settle a class action alleging it did not comply with the Fair Credit Reporting Act (FCRA) when it erroneously associated consumers with individuals who were part of the government’s Office of Foreign Assets Control (OFAC) Database. The database lists persons who are suspected of being terrorists, drug  Read more

Monevo No Permissible Reason for Credit Report FCRA Class Action

The Fair Credit Reporting Act (FCRA) governs credit reporting and credit reports. A business or other party must have a “permissible” reason if they want to access the credit report of an individual. The complaint for this class action alleges that Monevo, Inc. pulled a credit report for the plaintiff in this case without his  Read more

Equifax Debts Reported as “Unavailable” Class Action

This class action brings suit against Equifax Information Services, LLC, alleging that the company violated the Fair Credit Reporting Act (FCRA) by “knowingly, and/or willfully reporting inaccurate information” on consumer reports and by not having procedures to assure that the information is, as far as possible, accurate.  Read more

Experian Summary of Rights Omits Information About State Rights FCRA Class Action

Experian Information Solutions, Inc. is one of the Big Three consumer reporting agencies that maintains information and compiles reports on consumers, for the use of credit card companies, other lenders, employers, and landlords. However, the complaint for this class action alleges that Experian does not provide to consumers with all the disclosures about consumer rights  Read more

Wells Fargo Reports Mortgages as Being in Forbearance California Class Action

Lenders, landlords, and employers all use credit reports to screen applicants, to determine whether they want to enter into relationships with them. It is therefore important that credit reports be accurate. The complaint for this class action alleges that Wells Fargo Bank, NA furnishes false information to credit reporting agencies, claiming that certain mortgage accounts  Read more

Trans Union Disputed Bankruptcy on Credit Report Class Action

No one is happy to see a bankruptcy on their credit report—particularly when they have never had a bankruptcy. It’s particularly galling if the consumer gets the entry removed, only for it to appear again on another item. The complaint for this class action alleges that Trans Union, LLC does not conduct reasonable reinvestigations of  Read more

American Express No Reason to Obtain Credit Reports FCRA Class Action

This class action brings suit against American Express for violations of the Fair Credit Reporting Act (FCRA). It alleges that Amex procures credit reports for people whose debts were discharged in bankruptcy, even though it is no longer entitled to obtain such reports. It also suggests that Amex tries to collect the debts that were  Read more