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Home / Opinion Digests / Consumer Protection – Fraud – ECOA – Fair Credit Reporting Act (access required)

Consumer Protection – Fraud – ECOA – Fair Credit Reporting Act (access required)

An Alexandria U.S. District Court awards plaintiff home buyer $750 in statutory damages for her claim that the lender violated the Fair Credit Reporting Act when it failed to provide sufficient notice of the denial of credit because she filed her application orally; and the court awards $1,000 in punitive damages on plaintiff’s Equal Credit ...