A settlement worth at least $75 million has been reached with Trans Union LLC and Acxiom Corporation (â??Defendantsâ?) in a class action lawsuit that claims the Defendants violated state laws and the Fair Credit Reporting Act (â??FCRAâ?) when they sold lists containing personal and financial consumer information to third parties for marketing purposes. The settlement does not mean the Defendants violated any laws or did anything wrong. The Defendants deny any claims of wrongdoing in this case. The United States District Court for the Northern District of Illinois will have a hearing to decide whether to give final approval to the settlement, so that benefits can be issued. Those included in the class action, together called a â??Class,â? may object to the settlement or ask to speak at the hearing. Eligible Class members may also sign up for credit monitoring or other benefits from the settlement. For more information, including a detailed notice, go to http://www.ListClassAction.com or call, toll-free, 1-866-416-3470. WHOâ??S INCLUDED? The Court decided that the Class includes all consumers who had an open credit account or an open line of credit from a credit grantor (including, for instance automobile loans, bank credit cards, department store credit cards, other retail store credit cards, finance company loans, mortgage loans, and student loans) located in the United States anytime from January 1, 1987 to May 28, 2008.
I went ahead and signed up, I opted for cash instead of the free monitoring service. I don't need to monitor my credit for some time. And I rather get my reports free using the toll free numbers and claiming that I was declined credit. The credit reporting agency will just see that creditors pulled a report, does not matter account review, or hard hit. They will still give a free report cause they don't know if you had an adverse action taken against you or not. They just know someone pulled in the last 30 days. www.annualcreditreport.com Experian 888-397-3742 Equifax 800-685-1111 TransUnion 800-916-8800
