Credit Report Scam

Saturday, July 24, 2010

In the US, there are three reputable bureaus any individual can get credit report from: Equifax, Experian and TransUnion. I do not know when this happened or when this was discovered but TransUnion apparently sold confidential credit information between 1987 and 2000. This clearly violated the Federal Credit Reporting Act. The information leakage which affected a bigger slice of the American population was used to bombard those with credit scored with junk mail campaigns and unsolicited sales calls. If I were affected, that would have been really annoying. Are you affected and already included in a TransUnion Class Action Lawsuit? A lot of these cases sprung especially when TransUnion agreed to set up $75 million fund to pay for the damages. If you are at least 28 years old and filed for credit within the years mentioned, then it’s probably time to contact your lawyer.