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0.000124633887954199 0.000124633887954199 -6.23169439770107E-05 0.000623169439770815 0.00255499470305974 -0.00168255748738071 -0.000872437215678858 0.00118402193556427
Stock impact report

Credit bureaus can't bar NJ law requiring foreign language reports, US judge rules [Reuters]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Reuters
U.S. District Judge Georgette Castner in Trenton on Wednesday declined to strike down , opens new tab the state's multi-language requirement in a challenge brought by the Consumer Data Industry Association, whose members include consumer reporting agencies Equifax (EFX.N) , opens new tab , Experian (EXPN.L) , opens new tab and TransUnion (TRU.N) , opens new tab The trade group had argued , opens new tab that forcing credit bureaus to provide reports to consumers in languages other than English was barred by the Fair Credit Reporting Act, which was first enacted in 1970, and the U.S. Constitution's free speech protections. Castner said New Jersey's 2019 amendment adding language disclosure provisions to its fair-credit law was lawful. “Requiring the translation of credit file disclosures serves the interest of preventing consumer confusion and deception and curbing barriers to financial literacy,” Castner wrote. The court noted that Equifax was already voluntarily providing cr Show less Read more
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