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A class action has been filed against Experian Information Solutions, Inc., a credit reporting agency, by Steven and Melody Millett after Steven's Social Security number was stolen and used by another individual over the course of 13 years. The Milletts claim that Experian should have known that the Social Security Number was being used by more than one person and that upon being notified of the error, should have corrected their error. The lawsuit alleges negligent misrepresentation, fraud and failure to comply with the Fair Credit Reporting Act and seeks damages and injunctive relief.

Whether it is a home loan, a car loan, or a debt consolidation loan, borrowers must be wary of predatory lenders. In many cases, a predatory lender will use deception, high-pressure sales tactics, or excessive fees to lock a borrower into a cycle of debt. All too often, the borrower victimized by a predatory lender ends up in bankruptcy, or loses his home, or is forced into a cycle of debt.

A class action has been filed in Kentucky against the Serban Law Offices and Attorney Daniel Serban. The action is brought on behalf of all Kentucky residents who since October 17, 2002, have received a collection "form" letter from the Serban Law Offices or Daniel Serban. The action alleges that these "form" collection letters do not meet the requirements of the federal Fair Debt Collection Practices Act.

Two New Jersey law firms filed a complaint against Bank of America on June 1, 2005 in New Jersey Superior Court, Mercer County on behalf of Trenton resident Cindy Jones. The attorneys announced their intention to seek class action status to represent other identity theft victims as well against financial services giant Bank of America for damages resulting from the theft of tens of thousands of customer information files.

A statewide class action has been filed in Pennsylvania against Irv Borenstein, Esq. This action is brought on behalf of all Pennsylvania residents who, since December 5, 2002, have received a letter from Borenstein's law firm in an attempt to collect a debt. Consumers allege that certain language contained in the letters sent by Borenstein violate the federal Fair Debt Collection Practices Act and are seeking unspecified compensatory damages, statutory damages and injunctive and declaratory relief.

A national class action has been filed in Texas against insurance giant United Guaranty Residential Insurance Company on behalf of all consumers for whom United Guaranty issued a mortgage insurance policy at a disadvantageous rate due to derogatory information contained in a credit report, and who did not receive notice that derogatory information obtained from a credit report was used in setting the insurance premium. The insureds claim that United Guaranty uses credit reports to set premiums but does not provide any information to consumers when an adverse decision has been made against them based on that report. The insureds allege that this violates the federal fair credit reporting act and are seeking actual damages as well as statutory damages and declaratory relief.