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Many class-action lawsuits involve data breaches, product liability, or fraud. But a recently settled case is based on a claim of a credit reporting mistake.
In a recent settlement involving Equifax, the legal claim concerns an alleged error in the reporting of unpaid debt. The consumer credit reporting company was accused of noting a collection account more than once on some individual credit reports. Equifax has denied any wrongdoing but agreed to a $2.2 million settlement.
The number of impacted consumers was estimated at 37,000, according to the official settlement notice.
Here is what the Equifax class-action lawsuit settlement is all about and who is eligible to receive a share of the multimillion-dollar cash payout.

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3 months ago

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