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Inaccurate claims that damage your reputation enough to harm your ability to e.g. get a job are why we have slander and libel laws. Anybody harmed by an inaccur
by pdkl95 11y ago
Inaccurate claims that damage your reputation enough to harm your ability to e.g. get a job are why we have slander and libel laws. Anybody harmed by an inaccurate credit report should be suing the reporting agency for libel.
Unfortunately, the agencies have specific immunity from libel laws. It's probably going to take another trip to the SCOTUS to fix that example of institutional corruption.
- rlucas 11y agoExcept that Congress specifically created a regulatory regime for these businesses, and included a wide array of strictures on their practices and a very specific set of remedies for those who are harmed. That system (FCRA, FDCPA etc.) is of course the product of major lobbying and regulatory capture -- "don't throw me in that briar patch, bre'r fox." But it also does have at least the fig leaf of support by consumer-focused NGOs and populist legislative rhetoricians. So, no, if you went to the courts you wouldn't even make it to an appeal, much less to SCOTUS.