Hmmm....did you know there was a SOL on FCRA viloations? Interesting article. http://www.lectlaw.com/files/ban09.htm
But did you check.......... "A limited exception to the two year statute of limitation under the FCRA, 15 U.S.C. 1681p, exists. The "discovery rule" provides that commencement of the statute of limitation does not begin until the consumer knew or should have known of the issuance of the report or the injury was incurred. " And my favorite.... "Nonetheless, each transmission of the same credit report is a separate and distinct tort to which a separate statute of limitation applies. " Basically, I read it as giving the consumer two years to file legal action or loose the ability.... For people who are interested in sueing that the error ever existed not that it currently exists in the file.
No problem. I think consumers can argue that creditors and credit reporting agencies are liable for every transmitted version of the credit report much the same way that a supermarket tabloid is liable if they produced false stories about Tom Cruise being gay in several issues of their papers. Tom would sue for a retraction for every issue. This maybe one reason that TU uses file numbers instead of the report numbers that Experian and Equifax use....
