Re: One Bank Problem

Posted by observer (152.163.252.134) on February 01, 2004 at 13:52:58:

In Reply to: One Bank Problem posted by Jack-O-MO on February 01, 2004 at 12:44:05:

Sue them. You can use a lawyer, or, sue in local small claims court for incorrect reporting.

Civil Liability under FCRA for Furnisher of Information
Nelson v. Chase Manhattan Mortgage Corporation
The issue in the case was whether the FCRA creates a cause of action for a consumer against a furnisher of credit information. The 9th Circuit Court of Appeals held that the FCRA is to protect consumers against inaccurate and incomplete credit reporting and Section 1681s-2(b) provides a private remedy to injured consumers. Thus, a consumer can sue a company for furnishing inaccurate and/or incomplete information. In this case, the furnisher allegedly failed to take prompt and appropriate corrective action once it was notified that it had reported inaccurate information.

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