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Slander of Credit

On this record there are issues of fact as to whether plaintiff suffered damages as a result of the deficiency for the loan being reported by GMAC on his credit history, and these damages would be recoverable. As explained in Vinson v. Ford Motor Credit Co., 259 So. 2d 768, 771 (Fla. 1st DCA 1972), which involved the slander of credit reputation, “A man’s credit in this day and age is one of his most valuable assets and without it, a substantial portion of the American people would be without their homes, washing machines, refrigerators, automobiles, television sets, and other mechanical paraphernalia that are now regarded as necessities of life.” [Am. Fire & Cas. Co. v. Davis, 146 So. 2d 615, 619 (Fla. 1st DCA 1962)]. Pan Am. Bank of Miami v. Osgood, 383 So. 2d 1095, 1097 (Fla. 3d DCA 1980); City of Stuart v. Lynn, 705 So. 2d 1073 (Fla. 4th DCA 1998) (affirming damages for negligent impairment of appellee’s credit rating); Matthews v. Deland State Bank, 334 So. 2d 164, 165 (Fla. 1st DCA 1976) (affirming damages for improper entry in credit history where loan was denied).

 

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