Equifax Customers Have a Month to Claim a Piece of $2.2M Class Action Settlement
The 37,000 affected customers can file a claim from now until the Sept. 1 deadline.
The $2.2 million class action settlement has been agreed upon by Equifax and the affected customers, with 37,651 individuals identified as eligible for a share of the funds. The lawsuit, Bradberry v. Equifax Information Services LLC, was filed due to allegations that Equifax violated the Fair Credit Reporting Act by wrongfully reporting duplicated negative accounts, leading to inflated debt amounts for some customers.
These inaccuracies may have negatively impacted their ability to secure loans, credit cards, mortgages, and other lines of credit. To claim a portion of the settlement, customers must file a claim and provide valid payment information by Sept. 1. The court is scheduled to confirm the settlement sum, allocate funds for attorneys' fees, and create a plan to distribute the money among the affected class members during a hearing on Oct. 6.
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