Experian Information Solutions Inc. didn’t violate the Fair Credit Reporting Act by reporting a borrower’s student loan debt after the borrower went through bankruptcy, a federal appeals court ruled.
Michael Mader claimed in his lawsuit that his student loan was discharged when he went through Chapter 7 bankruptcy in 2013, and that Experian violated the FCRA’s requirements related to the accuracy of credit reports when it reported the loan as due and owing.
But the question of the credit report’s accuracy hinged on an unsettled legal question, whether student loans are non-dischargeable in bankruptcy, Judge Alison J. Nathan of the …
Source link
