TransUnion (one of the big 3 credit bureaus) has lost a huge class action lawsuit … about $10 Billion dollars worth.
If you have used a credit card or carried any kind of debt or loan account in the past 21 years you probably qualify for a free credit report and free credit monitoring as part of this lawsuit.
This is worth about $60 to you.
The settlement is expected to get final approval in September. But, starting June 16, you can go to www.listclassaction.com to participate in the settlement by filing a claim.
Consumerwatch warns people not to respond to emails claiming to be from TransUnion. It could be a trick by spammers posing as the credit agency and going after your private information. TransUnion said it will only communicate through that website.
For more information:
http://cbs2.com/consumer/Credit.report.TransUnion.2.737321.html
http://marketplace.publicradio.org/display/web/2008/05/30/straight_story
http://www.newsday.com/business/ny-bzcred315708532may31,0,2654628.story
