What are the most common laws broken by CA's when it comes to validation? What kind of trouble can breaking those laws cause for the CA? OC also have to validate if they list an account, right? What laws do they break?
fuba, you should really search the site, a lot of this has been posted. If you look under lawsuits, you should find plenty. for myself, the violations of the cra under the fcra included: failure to respond to request for procedures used to verify acounts, not verifying accounts, (failure to investigate accounts) you should read fcra and fdcpa for sure. also check faircreditmovement website, they have a list of violations and laws, although you should be careful and double check if these items apply to your specific case. also, you can post what violations you think were committed to the board and folks here will help!
