I have heard these television commercials constantly over the last week or two and they were driving me nuts. I have been a member of a class in a class action lawsuit previously. It had to do with being a member of a record club and being overcharged. The suit, when settled, resulted my receiving a $5, or some similarly small amount, in check form.
I didn’t run right to the phone when I heard the commercial of a suit against Trans Union – one of the big three credit reporting companies in the US. I had recently, about three months ago, gotten my annual free credit report and checked it for thoroughness and then moved on. I regularly check my debit accounts for unauthorized activity as well as other accounts I hold.
Today, I was reading an article on the suit at Yahoo! Finance and decided this was not what I was really hearing on television. The article explained what Trans Union had done to have a class action suit brought against them. In my mind, the “ the suit claim of TransUnion violating the Fair Credit Reporting Act by selling lists with consumers’ personal and financial information for marketing purposes, a practice they discontinued several years ago” was more serious than just if you had a credit card between these dates.
I encourage everyone to see if they are eligible to be a part of the class of this particular action. You can see the action and register to be a participant at https://www.listclassaction.com/.