How often do states enforce a federal law when the feds won’t? Well, that’s what’s happening now with the FCRA investigation deadlines

by Jeff Sovern

Earlier this month, the CFPB issued a statement saying that during the pandemic, it would not enforce the 30-day deadlines for credit reporting agencies and furnishers to investigate reports of errors in credit reports, as long as they acted in good faith. I noted at the time that that would not appear to affect private enforcement of the deadlines, but I didn't think about enforcement by states. Well, now more than twenty state attorneys general have said they will enforce the FCRA deadlines. That still leaves more than half the AGs not pledging to enforce the law, but even in those states, private enforcement should be available. How odd to see states enforcing federal law but not the federal agency charged with enforcement of the same law. 

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