Equifax Agrees To Remove Records And Pay $3M In FCRA Suit

Law360, New York (December 8, 2015, 7:21 PM EST) -- Equifax on Tuesday agreed to settle a Fair Credit Reporting Act class action by removing all Virginia state court judgments from its consumer database and shelling out more than $3 million, a result attorneys for the consumers called "unprecedented" in an FCRA case.

As a part of the proposed deal filed with the court on Tuesday, the credit reporting agency agreed to remove judgments in Virginia General District Court from the records of all consumers, not just class members. The deal also provides $3 million to be split among around 90,000 class members who had a report issued since 2003 that...

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