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Consumers fight back and win in two cases vs. credit bureaus
Posted on Aug 17, 2006 by Tom Fragala
GuardMyCreditFile has a post on two recent court rulings that went in favor of consumers.
Until now, the CRAs have fought back using the excuse that it is not their responsibility to insure that the data reported by creditors is accurate. But the US 5th Court of Appeals has now officially disagreed with the CRAs, and a jury in a separate case ordered Equifax to pay $351,000 to an identity theft victim.
Filed under: Credit
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