Part 1: Protecting Privacy: Understanding the Permissible Use of Consumer Reports - CDIA

Part 1: Protecting Privacy: Understanding the Permissible Use of Consumer Reports

New Topics Added:
Court Vacates CFPB Rule on Medical Debt
A federal court in the Eastern District of Texas ruled that the CFPB exceeded its authority in attempting to ban all medical debt from credit reports. The court confirmed that the FCRA permits medical debt to be reported—raising important questions about data accuracy, future appeals, and conflicting state laws.
Speaker: Eric Blankenstein, Managing Member, Law Offices of Eric Blankenstein PLLC

FCRA Liability Reform
On July 15, the House Financial Services Committee will review legislation to cap statutory damages and eliminate punitive damages under the FCRA. The proposed changes could significantly reshape compliance risk and litigation exposure, especially for CRAs, furnishers, and resellers.
Speaker: Sarah Merchak, SVP of Congressional Affairs and Chief of Staff, CDIA