TransUnion $2.5M Credit Data Class Action Settlement – Claim Depot
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Individuals whom Portfolio Recovery Associates LLC monitored through TransUnion’s Triggers for Collection product and then requested their removal between Jan. 20, 2021, and Dec. 31, 2023, may qualify to claim at least $40 from a class action settlement.
TransUnion LLC agreed to pay $2.5 million to settle a class action lawsuit alleging it continued to send consumer credit report data to third-party collection agencies after PRA instructed it to stop. The lawsuit claims this conduct violated the Fair Credit Reporting Act.
Class members must meet all of the following criteria:
There are approximately 38,805 class members. TransUnion’s records indicate an individual is among the affected consumers if they received a postcard notice about the settlement.
The settlement establishes a $2.5 million fund. After deducting settlement administration costs, attorneys’ fees and a service award to the class representative, the settlement administrator will distribute the remaining funds equally among all class members who do not opt out.
The anticipated minimum payment per class member is at least $40. The exact amount depends on the number of class members who do not opt out and the final administrative costs.
Class members who received a notice about the settlement do not need to file a claim or take any action to receive a settlement payment. The settlement administrator already has the necessary information to identify eligible class members.
The settlement administrator will mail checks automatically to eligible class members after the court grants final approval. Those whose addresses have changed should contact the settlement administrator to update their information.
Settlement administrator’s mailing address: Wilson v. TransUnion, LLC c/o Settlement Administrator, P.O. Box 16, West Point, PA 19486
The $2,500,00o settlement fund includes:
If any funds remain after all distributions (for example, from uncashed checks), the settlement administrator will split them equally between the National Center for Law and Economic Justice and the National Consumer Law Center.
The settlement administrator will issue payments approximately 45 days after the court enters an order of final approval of the class action settlement.
The class action lawsuit alleged TransUnion continued to send consumer report data to third-party collection agencies through its Triggers for Collection product even after Portfolio Recovery Associates instructed it to stop. The plaintiff claimed this violated the Fair Credit Reporting Act.
TransUnion denies these allegations but agreed to settle to avoid the risks, costs and delays of continued litigation.
Find any open class action settlement.
Class actions settlements delivered to your inbox.
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96% of settlement funds go unclaimed. Be part of the 4% by subscribing to the Claim Depot newsletter and never missing a settlement.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Individuals whom Portfolio Recovery Associates LLC monitored through TransUnion’s Triggers for Collection product and then requested their removal between Jan. 20, 2021, and Dec. 31, 2023, may qualify to claim at least $40 from a class action settlement.
TransUnion LLC agreed to pay $2.5 million to settle a class action lawsuit alleging it continued to send consumer credit report data to third-party collection agencies after PRA instructed it to stop. The lawsuit claims this conduct violated the Fair Credit Reporting Act.
Class members must meet all of the following criteria:
There are approximately 38,805 class members. TransUnion’s records indicate an individual is among the affected consumers if they received a postcard notice about the settlement.
The settlement establishes a $2.5 million fund. After deducting settlement administration costs, attorneys’ fees and a service award to the class representative, the settlement administrator will distribute the remaining funds equally among all class members who do not opt out.
The anticipated minimum payment per class member is at least $40. The exact amount depends on the number of class members who do not opt out and the final administrative costs.
Class members who received a notice about the settlement do not need to file a claim or take any action to receive a settlement payment. The settlement administrator already has the necessary information to identify eligible class members.
The settlement administrator will mail checks automatically to eligible class members after the court grants final approval. Those whose addresses have changed should contact the settlement administrator to update their information.
Settlement administrator’s mailing address: Wilson v. TransUnion, LLC c/o Settlement Administrator, P.O. Box 16, West Point, PA 19486
The $2,500,00o settlement fund includes:
If any funds remain after all distributions (for example, from uncashed checks), the settlement administrator will split them equally between the National Center for Law and Economic Justice and the National Consumer Law Center.
The settlement administrator will issue payments approximately 45 days after the court enters an order of final approval of the class action settlement.
The class action lawsuit alleged TransUnion continued to send consumer report data to third-party collection agencies through its Triggers for Collection product even after Portfolio Recovery Associates instructed it to stop. The plaintiff claimed this violated the Fair Credit Reporting Act.
TransUnion denies these allegations but agreed to settle to avoid the risks, costs and delays of continued litigation.
Find any open class action settlement.
Class actions settlements delivered to your inbox.
This browser does not support inline PDFs. Please download the PDF to view it: Download PDF
96% of settlement funds go unclaimed. Be part of the 4% by subscribing to the Claim Depot newsletter and never missing a settlement.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
