The National Defense Authorization Act as passed by the House and now headed to the Senate includes amendments to the Fair Credit Reporting Act dealing with the reporting of adverse information on servicemembers by consumer...more
A federal District Court judge in Nevada has dismissed a case filed by several trade associations against the Commissioner of the Financial Institutions Division (“FID”) of the Nevada Department of Business and Industry and...more
7/9/2020
/ Consumer Financial Products ,
Consumer Privacy Rights ,
Credit Applicants ,
Credit Discrimination ,
Credit History ,
Credit Reports ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Financial Transactions ,
Spouses
We recently provided an update in a case we’ve been following involving a lawsuit challenging a Nevada statute, SB 311, that allows an applicant for credit with no credit history to request that a creditor treat an...more
The three trade groups challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s credit history to be identical to that of the...more
11/26/2019
/ Article III ,
Consumer Financial Products ,
Consumer Privacy Rights ,
Credit Applicants ,
Credit Discrimination ,
Credit History ,
Credit Reports ,
Declaratory Judgment Act ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Financial Transactions ,
Marital Status ,
Motion to Dismiss ,
Personally Identifiable Information ,
Preemption ,
Preliminary Injunctions ,
Ripeness ,
Spouses
The Commissioner of the Financial Institutions Division (FID) of the Nevada Department of Business and Industry and the Nevada Attorney General have filed opposition to the preliminary injunction motion filed by three trade...more
11/14/2019
/ Article III ,
Credit ,
Credit Applicants ,
Credit Reports ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Financial Institutions ,
Motion to Dismiss ,
New Legislation ,
Preemption ,
Preliminary Injunctions ,
Regulation B ,
Ripeness ,
Spouses ,
State and Local Government ,
Without Consent
The Commissioner of the Financial Institutions Division of the Nevada Department of Business and Industry and the Nevada Attorney General have filed a motion to dismiss the lawsuit filed last month in Nevada federal court by...more
11/11/2019
/ Article III ,
Credit Access ,
Credit Reports ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Motion to Dismiss ,
Preemption ,
Preliminary Injunctions ,
Ripeness ,
Spouses ,
State and Local Government ,
State Attorneys General
On October 1, three trade groups filed a lawsuit in Nevada federal court challenging an amendment to Nevada law that allows an applicant for credit with no credit history to request that the creditor deem the applicant’s...more
10/4/2019
/ Consumer Financial Products ,
Consumer Privacy Rights ,
Credit Applicants ,
Credit Discrimination ,
Credit History ,
Credit Reports ,
Data Security ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Federal v State Law Application ,
Financial Services Industry ,
Financial Transactions ,
Marital Status ,
Personally Identifiable Information ,
Preemption ,
Spouses ,
State and Local Government