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Fair Credit Reporting Act (FCRA) and
Fair & Accurate Credit Transactions Act of 2003 (FACTA)
It is perhaps fair to say that although I have extensive
knowledge and experience about numerous aspects of Consumer Credit and related laws, my familiarity, knowledge, experience
and passion about the Fair Credit Reporting Act [FCRA](and, when enacted, the Fair and Accurate Credit Transactions Act of
2003 [FACTA]) surpasses all other areas - with the possible exception of the Fair Debt Collection Practices Act [FDCPA], with
which I am probably equally familiar. For virtually the entire
14+ years that I have been practicing law I have been involved in cases and litigation related to the FCRA/FACTS and assisting
consumers with various kinds of disputes pertaining to the (in) accuracy of information reported in their Consumer Credit
Reports and the prosecution of claims against Credit Reporting Agencies (CRAs) and furnishers of information. As such, I have had clients whose cases have involved all kinds of aspects
and idiosyncratic issues concerning Credit Reporting, including, but by no means limited to, student loans, bankruptcies,
foreclosures, home loan modifications, credit card accounts, criminal records [arrests/convictions], insurance [C.L.U.E. Reports],
tax liens, judgments, charged-off accounts and even basic erroneous information such as addresses, work history and one's
legal name. For my entire career I have monitored statutory and
caselaw developments from all over the country [i.e. each of the 11 Districts] and have been actively involved in and contributed
to countless forums, Public Comments, discussions, debates, etc. about almost every conceivable aspect of the FCRA. For example,
I am extremely familiar with the reporting limitations periods, the exceptions thereto, reinvestigation and verification procedures
and burdens, damages available to prevailing plaintiffs, etc.
FCRA Links
FCRA statute text (as posted by FTC on 09/22/10)
FCRA statute text (as posted by FDIC in December 2009)
FACTA Statute Text
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