FCRA — is each violation by a furnisher a $1,000 in statutory damages?

Under the FCRA -- Fair Credit Reporting Act -- you only get to the $1,000 in statutory damages IF you prove willful or wanton/reckless conduct.  If you do, then you can get punitive and statutory damages.

Remember to sue a furnisher for false credit reporting under the FCRA we need:

You -- Dispute to Consumer Reporting Agency -- Who notifies Furnisher -- Who then messes up the investigation.

If willful/reckless/wanton -- you can get actual damages, attorney fees, statutory damages and punitive damages.

If only negligent, then you get actual damages and attorney fees but NO statutory or punitive damages.

Have a great day!

John

John G. Watts
Watts & Herring, LLC
Representing consumers across Alabama
205-879-2447
https://www.alabamaconsumer.com/
https://www.alabamaconsumer.com/conta...  (to send us a message)

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