Brian Dixon received a mailing from Shamrock Financial Corporation containing a personal invitation to Dixon to pay off his revolving debt and refinance his mortgage balance at a lower rate.

Brian Dixon received a mailing from Shamrock Financial Corporation containing a personal invitation to Dixon to pay off his revolving debt and refinance his mortgage balance at a lower rate. It stated that the “prescreened” offer of credit was based on information in his credit report indicating that he met certain criteria. Dixon sued, claiming Shamrock violated the Fair Credit Reporting Act by accessing his consumer report without extending a “firm offer of credit” to him because Shamrock did not specify a set of terms that could be immediately accepted. Was there a violation of the act?


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