21–30 of 32 posts
That's actually horrible. The immediate impact is that someone who is the victim of fraud is then stigmatized and systematically denied access to financial service. The knock-on impact is even worse, though, as it means there is a strong consumer disincentive now to report fraud at all. People would refrain from reporting identity theft so as to preserve access to their digital lives. At scale, this would effectively…
This sounds like an egregious and intentional management decision to ignore the law. Generally not appreciated by those who write the laws.
Earlier quoted context omitted.
Although the situation is ideal for class action, federal law caps the penalty at $500,000 for class action and so depending on the number of class members the amount I'd get as a class representative is likely less than what I'd get in an individual case.
So you don't really care about others, just yourself. A class action, could gain you near nothing but cost Google millions, or you could gain 10k and google could lose 10k.
https://www.justice.gov/crt/equal-credit-opportunity-act-3
IANAL but I do suspect the counter-argument would be that their internal fraud processes & metrics have determined there's NO approach that produces "reasonable belief" of the user's identity as required before issuing credit for a report with a fraud alert.
https://www.govinfo.gov/content/pkg/USCODE-2011-title15/html...
Nitpick: depending on how the financing is structured, it may not be under CFPB jurisdiction at all - the DOJ explainer on the ECOA says that retailers and "finance companies" are the FTC's responsibility. https://www.justice.gov/crt/equal-credit-opportunity-act-3 IANAL but I do suspect the counter-argument would be that their internal fraud processes & metrics have determined there's NO approach that produces "reaso…
Earlier quoted context omitted.
Could this be ripe for an automated lawsuit app, like the one to fight against bogus parking fines? How many could be won before Google finally fixes it?
I wonder if Google would cut off accounts associated with suing Google.
Earlier quoted context omitted.
So you don't really care about others, just yourself. A class action, could gain you near nothing but cost Google millions, or you could gain 10k and google could lose 10k.
Yeah that's incredibly selfish. Is the point to hit Google for acting antisocially and doing this same song and dance potentially with anyone, or just to get compensated for the brazen demands on your apparently extremely valuable time?
Earlier quoted context omitted.
Could this be ripe for an automated lawsuit app, like the one to fight against bogus parking fines? How many could be won before Google finally fixes it?
I wonder if Google would cut off accounts associated with suing Google.
What's in it for you to start the project of fighting Google's lawyers on this? I think it's great that you point this out, but I'd consider different ways of creating pressure on them to change their policies. Can you complain to the FCC?
Because I already sent a letter to multiple agencies about it and nothing was done, so the only recourse I have to get them to change their ways is to file it myself or find a class action attorney willing to do it.