Recent litigation regarding compliance of the Fair Credit Reporting Act’s (FCRA) mandate that reasonable procedures must be used to ensure the “maximum possible accuracy” of information included in credit reports suggests that complacent inclusion of terrorist watch list data in consumer reports violates the Act. TransUnion, LLC (TransUnion) was forced to defend its practices for the third time, this time in the Eastern District of Pennsylvania, for allegedly including information found on terrorist watch lists in its consumer reports in violation of the FCRA. In the case, the plaintiff was denied a mortgage loan based on being flagged by a TransUnion product for false information, labeling him as a terrorist on the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) list.


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Post By Ken Shafton (2,372 Posts)