Equifax Customers Could Claim Up To $600 In $2.2M Settlement
Black Enterprise
Equifax faces a $2.2 million class-action settlement over alleged duplicate collection account reporting errors affecting consumers' credit scores.Summary
Equifax is involved in a proposed $2.2 million class-action settlement due to allegations of reporting duplicate collection accounts between August and September 2022, which may have harmed consumers' credit scores and borrowing opportunities. Eligible customers, numbering 37,651, can claim up to $600 by September 1, 2026, along with six months of credit monitoring. The settlement stems from the lawsuit Bradberry v. Equifax, where duplicate reporting of a $305 account allegedly lowered credit scores. Equifax denies wrongdoing and has not admitted liability. Final approval is scheduled for October 6, 2026, with claims submitted via online or mail using a provided ID number.
(Sourceļ¼Black Enterprise)