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TransUnion Class Action Settlement: Deadline Nears for Potential Payments
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Time is running out to register for a payment as part of a class action lawsuit against TransUnion, one of the major credit bureaus, for alleged violations of the Fair Credit Reporting act (FCRA).
$23 Million Settlement Reached with TransUnion
TransUnion has agreed to a $23 million settlement to resolve claims that it failed to properly investigate consumer disputes regarding hard inquiries on credit reports and did not remove disputed claims. The deadline to file a claim is June 24, 2025.
did You Know? The FCRA requires credit bureaus to investigate and resolve disputes within 30 days of receiving a complaint, or 45 days if the consumer provides additional information according to the Federal Trade Commission (FTC).
Who is Eligible for a Payment?
Consumers who received a “502 Letter” from TransUnion in response to a dispute submitted between December 5,2016,and January 31,2025,are included in this settlement.
Eligible consumers will automatically receive a payment ranging from $20 to $30, depending on the total number of claims submitted. Individuals who experienced specific harm due to TransUnion’s handling of their disputes may be entitled to as much as $160 if they file a claim online.
Pro Tip: Even if you are unsure whether you qualify, it’s worth checking the settlement website and submitting a claim if you believe TransUnion mishandled a credit dispute you filed.
How to File a Claim
To file a claim or obtain more information, visit the settlement website or contact the settlement administrator:
- Website: transuniondisputeclassaction.com
- email: info@transuniondisputeclassaction.com
- Phone: (800) 657-1189
Key Dates and Information
| Event | Date |
|---|---|
| Class Period | December 5, 2016 – January 31, 2025 |
| Claim Filing Deadline | June 24, 2025 |
| Estimated Payment amount (Automatic) | $20 – $30 |
| Maximum Payment with Claim | Up to $160 |
Understanding Your Rights Under the Fair Credit Reporting Act
The Fair Credit reporting Act (FCRA) is a federal law that promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies.The FCRA grants consumers specific rights, including the right to dispute inaccurate or incomplete information on their credit reports. Credit bureaus are obligated to investigate these disputes within a reasonable timeframe.
Violations of the FCRA can have significant consequences for consumers, including difficulty obtaining credit, higher interest rates, and even denial of employment or housing. Class action lawsuits like this one against TransUnion serve to hold credit bureaus accountable for their obligations under the FCRA and provide compensation to
