Tuesday, July 5, 2016

No, that’s not an FCRA claim

Originally published by David Coale.

fcra logoBacharach, upset by the handling of credit reporting by SunTrust, sued it under the FCRA. The Fifth Circuit affirmed summary judgment for SunTrust, noting:

  • Reporting about a failed “flip” of commercial property — especially when the alleged losses involved lost rental income — did not fall within the scope of the FCRA;
  • Evidence of other, unrelated payment problems during the relevant period negated the element of causation; and
  • “Vague and conclusory deposition testimony” does not establish actionable emotional distress under the FCRA.

Bacharah v. Suntrust Mortgage, No. 15-31009 (June 30, 2016).

Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.



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