Court dismisses FCRA claims against student loan furnishers, grants leave to amend

On March 23, the U.S. District Court for the Western District of Kentucky granted motions by two student loan furnishers to dismiss claims brought by a borrower alleging a FCRA violation. Specifically, the borrower claimed that the furnishers violated the FCRA by reporting inaccurate student loan balances on her credit reports after the Department of Education (ED) determined her federal student loan debt was eligible for discharge through the “Borrower Defense to Repayment” program in January... By: Orrick, Herrington & Sutcliffe LLP