A Deep Dive into the Fair Credit Reporting Act Issues Arising From Use of the Consumer Data Industry Association (CDIA) Compliance Condition Codes for Disputed Account Information Furnished to Consumer Reporting Agencies

We take a close look at the CDIA code options available for direct and indirect consumer disputes, their relationship to FCRA compliance, CFPB scrutiny of code use in FCRA compliance exams of furnishers, and court decisions involving alleged improper coding of disputed accounts. We also share our thoughts on best practices for furnishers in coding disputed accounts.

Chris Willis, Co-Chair of Ballard Spahr’s Consumer Financial Services Practice Group, hosts the conversation, with Stefanie Jackman and Joel Tasca, partners in the firm’s Consumer Financial Services Litigation Group.

View the recording transcript here.

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This podcast is a periodic publication of Ballard Spahr LLP and is intended to notify recipients of new developments in the law. It should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own attorney concerning your situation and specific legal questions you have.

A Deep Dive into the Fair Credit Reporting Act Issues Arising From Use of the Consumer Data Industry Association (CDIA) Compliance Condition Codes for Disputed Account Information Furnished to Consumer Reporting Agencies

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