Solicitations Are Offers of Credit, 8th U.S. Circuit Court of Appeals Decides
St. Charles County Business Record › September 03, 2008
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Summary
A federal appeals court put an end to lawsuits claiming companies violate the Fair Credit Reporting Act by sending direct mail solicitations for loans.
The 8th U.S. Circuit Court of Appeals affirmed the decisions of two district court judges who entered judgments on the pleadings in favor of Countrywide Home Loans Inc. and Capital One Auto Finance Inc. The panel decision was unanimous.See the full content of this document
Extract
Solicitations Are Offers of Credit, 8th U.S. Circuit Court of Appeals Decides
The plaintiffs - Clayton R. Poehl against Countrywide and Diane C. Ludditt-Poehl against Capital One - said the solicitations were not...
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