I have absolutely no idea when I decided to “opt in” the TransUnion Class Action Lawsuit, but a couple days ago I received my settlement.

TransUnion Class Action Lawsuit

Apparently, TransUnion was a bad credit monitoring agency and allegedly violated the Fair Credit Reporting Act.  Specifically, Plaintiffs claimed that TransUnion sold private information which it wasn’t allowed to sell.

This suit was a Class Action, which, according to Class Action World is,

A Class Action is a civil lawsuit brought on behalf of many people who have been harmed in a similar manner. A class action cannot be prosecuted unless at least one person harmed by the conduct is willing to serve as a class representative (Lead Plaintiff).

There is a much better definition on Wikipedia, but it is technical and starts quoting Federal Procedure Code, so we will go with the one above.

As part of the Settlement I was given the following options:

  • File an individual lawsuit against Defendant(s) for claims related to target marketing and prescreening: You can also signup for six months of credit monitoring.
  • Sign up for six months of credit monitoring services: You can also register to receive a possible cash payment in the event of a cash distribution or file an individual lawsuit against the Defendants.
  • Sign up for nine months of enhanced credit monitoring services: You will not receive any further benefits, including a cash payment, and you will not be able to file an individual lawsuit against the Defendants.
  • Register to receive a possible cash payment: You can also sign up for six months of credit monitoring; however if you receive a cash payment, you cannot file an individual lawsuit against the Defendants.
  • Do Nothing: You won’t get any benefits. You will keep your right to sue the Defendants individually (see the detailed notice and Settlement Agreement for more information).

I will be completely honest – I have no Idea which one I chose, but considering I received the below e-mail and I like to think I know myself, I chose some sort of monitoring option.

As part of the settlement I received the following e-mail:

Dear Class Member:

As part of the terms of your Class Action Settlement with TransUnion, you’ve received a nine month enhanced subscription to TransUnion Credit Monitoring, fulfilled by TrueCredit. Register now and start enjoying the benefits of credit monitoring right away! You’ll get:

The ability to lock your credit report so third parties, such as lenders or other companies, will not be able to access your credit report without your consent (unless allowed by law);

Unlimited daily access to your Trans Union credit report and credit score;

Credit monitoring with email notification of critical changes to your credit report;

A suite of insurance scores; and

A mortgage simulator service.

Ready to get started?

Your registration number is <XXXXXXXXX>. Be sure to enroll soon as your registration number is only available for a limited time.

Just click here and enter your registration number and you’ll be on your way to credit monitoring!

Sincerely,

TransUnion List Class Action

Settlement Administration

Do not respond directly to this e-mail, as this inbox is not monitored.

Well it was relatively simple to register for the class action settlement, and boom I had access to my credit score from TransUnion.

I was happily surprised when I finally got my credit score.   While I routinely check out Credit Karma, and review my Free Annual Credit Reports, I never take advantage of the up sell on the score itself since it doesn’t matter right now (not moving anytime soon, have no CC debt and not buying a car).

Did you participate in the Class Action Suit? Have you received your settlement?