The U.S. District Court for the District of Maryland recently dismissed FCRA claims advanced by a borrower on a charged-off vehicular loan for lack of standing in Deysi Arriaza v. Experian Information Solutions, Inc., et al., Civil No. 20-3073, 2021 WL 1019937 (D. Md, Mar. 17, 2021). The plaintiff defaulted on her loan and the Toyota Motor Credit Corporation and Experian reported that the balance of her loan was charged off, but that a lesser amount was past due.
The U.S. District court dismissed the claim for lack of standing and questioned the idea that the reporting of a lesser past due amount could negatively impact the plaintiff's credit score. Please read more here, FCRA Claim Regarding the Reporting of Charged Off Balances Dismissed for Lack of Article III Standing | wombledondickson.com | for additional information