TransUnion settlement replace: Don’t miss deadline on your a part of $23M credit score report settlement
The deadline is quick approaching to enroll to get a cost as a part of a category motion lawsuit that accused a serious credit score bureau of violating the Truthful Credit score Reporting Act.
TransUnion agreed to a $23 million settlement to resolve accusations that it didn’t accurately examine client disputes of arduous inquiries on their credit score recordsdata or it didn’t take away the disputed claims.
The deadline to file a declare is June 24, 2025.
Credit score bureaus have 30 days to research and resolve disputes inside 30 days of a grievance, or 45 days if the patron sends extra data to assist their dispute, per federal legislation. On the finish of the investigation, inside 5 enterprise days, customers have to be notified of the outcomes.
“TransUnion has agreed to sure course of modifications relating to client challenges to arduous inquiries that we really feel are per our dedication to place customers first,” TransUnion instructed NJ Advance Media final month.
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Customers are included within the settlement in the event that they acquired a so-called “502 Letter” from TransUnion in response to a dispute between Dec. 5, 2016 and Jan. 31, 2025, the settlement web site mentioned.
Affected customers will mechanically obtain a cost of $20 to $30, relying on what number of claims are submitted. However those that “skilled sure harms” due to how TransUnion dealt with their dispute can stand up to $160 in the event that they submit a declare on-line, the settlement web site mentioned.
You’ll be able to e mail data@transuniondisputeclassaction.com or name (800) 657-1189 for extra data.
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Karin Value Mueller could also be reached at KPriceMueller@NJAdvanceMedia.com. Observe her on X at @KPMueller.