Judge: Credit-Reporting Agencies' Reports Were Accurate Under Statute

Judge: Credit-Reporting Agencies' Reports Were Accurate Under Statute

LOS ANGELES - A federal judge in California on April 30 granted credit-reporting agencies' motion for summary judgment in a suit in which a plaintiff says they violated the Fair Credit Reporting Act (FCRA) by failing to properly investigate her credit history before lowering her rating and by failing to alter her rating after she provided them with additional information, finding that the credit reports were accurate within the meaning of the FCRA (Melba Gauci v. Citi Mortgage, et al., No.11-01387, C.D. Calif.; 2012 U.S. Dist. LEXIS 60153).

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