A recent technical glitch in the e-OSCAR platform has sparked concerns over the accuracy of consumer credit data reported to TransUnion. The issue, which took place on June 13, 2025, affected the transmission of Automated Credit Dispute Verification (ACDV) Response records—an essential part of the dispute resolution process between data furnishers and credit reporting agencies (CRAs).
Noting conflicting statutory obligations, the Eighth Circuit asserted that the consumer’s request to cease communications could not override the debt collector’s obligation to respond to a credit report dispute.
On August 6, 2025, in Corner Post, Inc. v Board of Governors of the Federal Reserve System, the U.S. District Court for the District of North Dakota (the “Court”) granted Corner Post’s motion for summary judgment, finding that the Federal Reserve Board (the “Board”) exceeded its authority in adopting Regulation II, which in part caps debit card interchange fees. The Court held that the Board exceeded its authority by including the “third category” of costs that were specific to a particular transaction but were not incremental costs incurred by an issuer for the role of the issuer in the authorization, clearance, or settlement of a particular electronic debit transaction.
On August 8, the CFPB published four advance notices of proposed rulemaking in the Federal Register seeking public comment to reconsider the test for defining larger participants in the consumer reporting, debt collection, international money transfer, and automobile financing markets.
On July 28, the New Jersey Division of Consumer Affairs issued a reminder to more than 3,000 auto dealerships regarding their obligations under the New Jersey data deletion law, N.J.S.A. § 56:12-18.1. This law, enacted and effective in January 2024, requires dealerships to offer data deletion services for consumer information stored in vehicles accepted for resale or lease. Dealerships are now on notice of their compliance obligations under the law.
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