Hope For Credit Reporting Changes in 2018

Since the disclosure of the Equifax data breach in September, American consumers have been warned to be overly cautious and protective of their personal information.  While data breaches occur more frequently than lenders would like to admit, the Equifax data breach was on an entirely different scale.  The difference? Consumers were not in the driver’s […]
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$60 Million Verdict Against Trans Union Upheld

Just weeks ago, a California judge denied Trans Union’s appeal of a $60 million verdict against it for violations of the Fair Credit Reporting Act (“FCRA”).  A jury determined Trans Union was liable when it confused over 8,000 consumers’ names with the names of criminals and terrorists on a government watch list.  Five years after […]
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