Equifax Duplicate Collection Account Reporting Settlement
Equifax · Consumer credit reporting · Settlement Reached
About this case
A proposed class action alleged that Equifax reported the same collection account more than once on some consumer credit reports in August and September 2022, allegedly harming consumers' credit scores and affecting access to credit. Equifax denied wrongdoing and agreed to a $2.2 million settlement, which received preliminary approval; a final approval hearing was scheduled for October 6, 2026.
Case overview
- Defendant company
- Equifax
- Product or service
- Consumer credit reporting
- Case name
- Equifax Duplicate Collection Account Settlement
- Case status
- Settlement Reached
- Lawsuit type
- Consumer
- Reported harm
- Other
Important dates
- Duplicate Collection Account Settlement Claim
Participation information
Duplicate Collection Account Settlement Claim
Consumers who had a duplicate collection account listed on their Equifax credit report at the same time a credit report was requested, and who received an Equifax notification by mail or email in August or September 2022, may fall within the described settlement class.
Submit a claim online or by mail using the ID and PIN provided in the Equifax notification. Mailed forms had to be postmarked by September 1, 2026.
- Type
- Settlement Claim
- Status
- Deadline passed
- Total settlement amount
- $2,200,000
- Amount per claim
- $600
- Payout
- The settlement estimated that individual cash payments could be up to $600, depending on the number and amount of valid payments issued. Covered consumers would also receive six months of Equifax credit monitoring.
- Reported proof requirement
- Yes
Sources
- Equifax Duplicate Collection Account Reporting Settlement
Yahoo! Finance ·