Capital One Wants Credit Report Info Suit Tossed
Law360, New York (February 14, 2017, 1:20 PM EST) -- Capital One Bank NA has urged a Virginia federal judge to toss a proposed class action alleging it violated federal and Virginia equal credit opportunity laws by hiding information surrounding credit application denials, saying it is not required to reveal its source of adverse consumer information.
Lead plaintiff Albert Douglas in January sued Capital One, claiming the bank purposefully omitted details surrounding loan denials, including the consumer reporting agency supplying the information used in such decisions. Capital One on Monday urged U.S. District Judge Henry E. Hudson to toss the suit, saying that the federal Equal Credit Opportunity Act and its...
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