On March 18, the U.S. District Court for the Central District of California denied the CFPB’s motion to stay proceedings in a case against a consumer reporting agency. As previously covered in InfoBytes, the CFPB filed a complaint in January against the consumer reporting agency alleging violations of the FCRA and the CFPA’s prohibition on unfair acts or practices.
In its February 20 motion, the CFPB argued there was good cause to stay the proceedings, citing the need for the newly appointed acting director to review the case, and noted the consumer reporting agency did not oppose the stay. Despite this, the court determined there was lack of good cause to stay the proceedings.
