Court considers whether debt settlement companies subject to ECOA

A federal court in southern Ohio considered whether the debt settlement companies behind mailers sent as part of a marketing plan were creditors, and whether the practice violated the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA). The case is Jessica Stechenfinger v. Silverlake Fin., LLC, et al., No. 1:24-CV-47, 2024 WL 4266598, (S.D. Ohio Sept. 23, 2024).