Experian Credit Report Wrongly Retained Debt, Appeals Court Says

Experian Information Solutions Inc. must face a Fair Credit Reporting Act suit because its decision initially declining to correct a Florida resident’s credit report wasn’t reasonable as a matter of law, a federal appeals court said Wednesday.

The Florida resident, Henry Losch, alleged Experian didn’t adequately verify that his debt had been cleared, in violation of the Fair Credit Reporting Act. The company’s failure to conduct “even a minimal investigation” meant it wasn’t entitled to summary judgment, the U.S. Court of Appeals for the Eleventh Circuit said.

The appeals court reversed and remanded the U.S. District Court for the Middle ...