While the number of lawsuits filed under the Telephone Consumer
Protection Act and the Fair Debt Collection Practices Act remained
relatively steady or fell, claims under the Fair Credit Reporting
Act rose sharply between October 2015 and October 2016. The
total number of FCRA lawsuits increased from 283 to 355 – a
25.4 percent increase.
Year-to-date FCRA cases also have increased 9.2 percent, from
3,008 in October 2015 to 3,285 in October 2016.
"[The] FCRA seems to be headed for an increase of 8-10
percent if current trends hold," according to WebRecon CEO
Jack Gordon. The increase in FCRA lawsuits has shown no sign
of abating, even after the Supreme Court's decision in
Robins v. Spokeo, Inc. where the Court held that a
plaintiff must have a "concrete and particularized"
injury to assert Article III standing in federal
court.
