Reginald Dante McNeary v. Self Financial, Inc., et al.

CourtDistrict Court, E.D. Missouri
DecidedMarch 9, 2026
Docket4:24-cv-01484
StatusUnknown

This text of Reginald Dante McNeary v. Self Financial, Inc., et al. (Reginald Dante McNeary v. Self Financial, Inc., et al.) is published on Counsel Stack Legal Research, covering District Court, E.D. Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Reginald Dante McNeary v. Self Financial, Inc., et al., (E.D. Mo. 2026).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MISSOURI EASTERN DIVISION

REGINALD DANTE MCNEARY, ) ) Plaintiff, ) ) v. ) No. 4:24 CV 1484 CDP ) SELF FINANCIAL, INC., et al., ) ) Defendants. )

MEMORANDUM AND ORDER Plaintiff Reginald Dante McNeary brings this action under the Fair Credit Reporting Act (FCRA) alleging that Self Financial, Inc., furnished false information to three major credit reporting agencies (CRAs), who in turn failed to conduct a reasonable reinvestigation into the accuracy of the information.1 McNeary, who represents himself in this action and proceeds in forma pauperis, has since settled and dismissed his claim against Self Financial. Two CRAs now move to dismiss McNeary’s claim against them. For the following reasons, I will dismiss McNeary’s remaining claim against the CRAs as he fails to state a claim for actual damages. I will withhold entering a final Order of dismissal, however, to give McNeary the opportunity to amend his complaint to cure the deficiencies

1 Additional claims against Self Financial, the CRAs, and another named defendant were dismissed upon initial review under 28 U.S.C. § 1915(e)(2). (ECF 5, Memo. & Ord.) identified in this Memorandum and Order. In the event McNeary fails to timely file an amended complaint, this Order dismissing his remaining claim will become

final. I. Background Self Financial offers credit cards to consumers who wish to rebuild their

credit. It charges its customers a $25 annual maintenance fee but does not accept prepayment of the fee. The fee therefore appears as an outstanding balance on a customer’s account. Self Financial reported that outstanding balance on McNeary’s account to three CRAs, all of whom reported the information on

McNeary’s credit report. McNeary contacted Self Financial to dispute the information, and Self Financial received notice of a dispute from at least one CRA. Self Financial continued to report the disputed information, and the CRAs

continued to include that information on McNeary’s credit report. McNeary asserts that defendants’ conduct caused a 48-point drop in his FICO score. In addition to Self Financial, McNeary brought a claim against TransUnion, LLC; Equifax, Inc.; and Experian, Inc., all of which he contends are the CRAs that

failed to properly reinvestigate his written challenge to the information that Self Financial provided on his account. McNeary provided detailed factual allegations in his original complaint, which he supplemented in an “amended complaint.”2 McNeary has since settled with Self Financial and dismissed Self Financial from

the case. As to the CRAs, TransUnion has answered McNeary’s complaint, and Equifax and Experian separately move to dismiss the claim against them under Federal Rule of Civil Procedure 12(b)(6) for failure to state a claim. McNeary has

not responded to the motions to dismiss, and the time to do so has passed. II. Motions to Dismiss A. Legal Standard The purpose of a Rule 12(b)(6) motion to dismiss is to test the legal

sufficiency of the complaint. When reviewing a Rule 12(b)(6) motion, I assume the factual allegations of the complaint are true and construe them in plaintiff’s favor. Bell Atlantic Corp. v. Twombly, 550 U.S. 544, 555-56 (2007). The

complaint must contain sufficient factual matter, accepted as true, to state a claim for relief “that is plausible on its face.” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009). “A claim has facial plausibility when the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable

for the misconduct alleged.” Id. The “factual allegations must be enough to raise a

2 In conducting my initial review of McNeary’s claims under 28 U.S.C. § 1915(e)(2), I considered the allegations raised in both the original and amended complaints to account for the possibility that McNeary intended the amended complaint to merely supplement his original complaint. (ECF 5, Memo. & Ord.) right to relief above the speculative level.” Twombly, 550 U.S. at 555. A “pleading that merely pleads labels and conclusions, or a formulaic recitation of

the elements of a cause of action, or naked assertions devoid of factual enhancement will not suffice.” Hamilton v. Palm, 621 F.3d 816, 817-18 (8th Cir. 2010); see also Iqbal, 556 U.S. at 678.

The Court construes pro se complaints liberally, see Estelle v. Gamble, 429 U.S. 97, 106 (1976), but a plaintiff “still must allege sufficient facts to support the claims advanced.” Stone v. Harry, 364 F.3d 912, 914 (8th Cir. 2004). The Court “will not supply additional facts, nor will [the Court] construct a legal theory for

plaintiff that assumes facts that have not been pleaded.” Id. (quoting Dunn v. White, 880 F.2d 1188, 1197 (10th Cir. 1989)). B. Defendant Equifax, Inc.

In its motion to dismiss, Equifax first argues that a CRA’s duty to conduct a reasonable reinvestigation is triggered only when an item in the consumer’s credit file “is disputed by the consumer and the consumer notifies the agency directly . . . of such dispute.” 15 U.S.C. § 1681i(a)(1)(A). Equifax contends that because

McNeary does not allege that he notified Equifax directly of his dispute regarding the information contained in his credit report, he has failed to state a claim under § 1681i(a).

On August 20, 2025, I conducted a review of McNeary’s claims under 28 U.S.C. § 1915(e)(2), under which I am required to dismiss an IFP action if it fails to state a claim upon which relief may be granted. See 28 U.S.C. §

1915(e)(2)(B)(ii). The standard for review for failure to state a claim under § 1915(e)(2)(B)(ii) is the same as that for failure to state a claim under Rule 12(b)(6). Thomas v. Stewart, No. 4:22-CV-01228-AGF, 2023 WL 12180772, at *3 (E.D.

Mo. Nov. 21, 2023). In conducting that § 1915 review, I liberally construed McNeary’s claims – including his assertions that Self Financial “received notice of a dispute from a CRA” (ECF 1 at ¶ 27) and that the defendant CRAs “fail[ed] to thoroughly investigate Plaintiff’s written challenge to the false and derogatory

information” (id. at ¶ 58) – and I concluded that McNeary had sufficiently alleged a claim against the CRAs under 15 U.S.C. § 1681i(a) by alleging that “despite his written notice, the CRAs failed to adequately investigate his dispute.” (ECF 5 at p.

5.) Continuing to give liberal construction to McNeary’s claims, and drawing all reasonable inferences in his favor, I conclude that McNeary has sufficiently pled that he notified the CRAs directly of the dispute, thereby triggering the CRAs’ duty to reinvestigate under § 1681i(a). I reject Equifax’s contrary argument.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Estelle v. Gamble
429 U.S. 97 (Supreme Court, 1976)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Hamilton v. Palm
621 F.3d 816 (Eighth Circuit, 2010)
Fahey v. EXPERIAN INFORMATION SOLUTIONS, INC.
571 F. Supp. 2d 1082 (E.D. Missouri, 2008)
Christa Peterson v. Experian Information Solutions
44 F.4th 1124 (Eighth Circuit, 2022)
Munz v. Parr
758 F.2d 1254 (Eighth Circuit, 1985)

Cite This Page — Counsel Stack

Bluebook (online)
Reginald Dante McNeary v. Self Financial, Inc., et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/reginald-dante-mcneary-v-self-financial-inc-et-al-moed-2026.