Bass, Berry & Sims Secures Summary Judgment Win in FCRA Furnisher Dispute—Federal Court Applies “Objectively and Readily Verifiable” Standard

Key Takeaways The U.S. District Court for the Middle District of Tennessee granted summary judgment to student loan servicer Edfinancial Services, holding that a consumer must first show that disputed credit information is inaccurate in a way that is “objectively and readily verifiable” before pursuing a furnisher claim under Section 1681s-2(b) of the FCRA. The … Continued