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Credit Reporting Agencies Financial Services Industry Preemption

Balch & Bingham LLP

U.S. District Court Addresses Federal Preemption for State Credit Reporting Laws

Balch & Bingham LLP on

In this episode of Consumer Finance Compass, Balch’s Jason Tompkins, partner in Balch & Bingham’s Consumer Finance Compliance & Defense Practice, explores the decision from the U.S. District Court for the District of Maine in...more

Ballard Spahr LLP

Maine federal district court rules FCRA preempts 2019 amendments to state’s credit reporting law

Ballard Spahr LLP on

A Maine federal district court ruled that that two 2019 amendments to Maine’s credit reporting law are preempted by the federal Fair Credit Reporting Act and granted the motion for judgment filed by the plaintiff, the...more

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