2 ms·
IANAL but banks have a lot of cash to throw at legal teams. AFAIK you’d have to show evidence of material damages. Seems very hard to automate...might be better
by seanp2k2 9y ago
IANAL but banks have a lot of cash to throw at legal teams. AFAIK you’d have to show evidence of material damages. Seems very hard to automate...might be better for class-action.
- CoolGuySteve 9y agoYa I agree. It seems these firms are relying on the fact that each individual suing them would have to put up considerable time and money, and so most don't . But if some economy of scale could be provided in filing these lawsuits, like those boilerplate will in a box products, then the business of credit reporting in its current form may be made non-viable.