Dossier
Fair Credit Reporting Act
Coverage of Fair Credit Reporting Act in the Nexus archive.
- Your credit report may be harder to fix after this federal court ruling
A recent 10th Circuit Court of Appeals ruling in Denver makes it harder for consumers to dispute false debt and errors on credit reports, particularly in identity theft cases. The court overturned a $500,000 jury verdict for Robbin Ward, who argued his identity was stolen to create a fraudulent apartment rental debt in Texas. The ruling requires consumers to provide 'objectively and readily verifiable evidence' for companies to investigate disputed debt, raising barriers for victims of fraud.
- Amazon will pay $2.25 million to settle FTC identity theft case
Amazon will pay $2.25 million to settle an FTC identity theft case. The retailer allegedly failed to meet requirements under the Fair Credit Reporting Act.