Category: Uncategorized

CFPB Assesses $4.75 Million Civil Penalty Against Santander For Systemic Errors Leading to Inaccurate Credit Reporting Of Millions of Accounts

On December 22, 2020, the Consumer Financial Protection Bureau (“CFPB”) reached a $4,750,000 settlement with automobile lender Santander Consumer USA Inc. in connection with its alleged failure to accurately report its consumers’ data to the credit reporting agencies (“CRAs”).     According to the Consent Order, between January 2016 […]

Central District of California Rejects Class Claims, Finding That Disclosure of All Data Is Not Required Under FCRA Section 1681g(a)

On November 18, 2020, the United States District Court for the Central District of California (the “Central District”) dismissed the First Amended Complaint of putative class representatives asserting a FCRA claim against Experian in connection with a data breach in October 2017.   Tailford v. Experian Info. Sols., 2020 […]