If you have a debt with Experian, you may be eligible for a class-action lawsuit. The proposed class-action argues that Experian should disclose all of the information it collects about you to third parties. However, Experian did not comply with the FCRA because it did not disclose some of its collected data, including behavioral data. Experian has long sold this information to other companies but has now admitted that this was a mistake.
Experian owes $392 on a medical debt
A Louisiana woman claims that Experian misreported her $392 medical debt. The credit reporting agency was unaware that the woman was a child at the time she accrued the debt. Despite this, Experian listed the debt on her credit report, even though the company had no right to do so. Even worse, the debt was not even medically necessary. A lawsuit alleges that the credit reporting agency did not consider her age when it made the report, which is a violation of the Fair Credit Reporting Act.
The best way to dispute your medical debt is to contact the provider directly. They will be able to resolve your dispute. Otherwise, you should contact Experian and ask for more time. Hopefully, you’ll be able to get the debt removed from your credit report within a few months. If you don’t have time to dispute the medical debt, it won’t be reported on your credit.
Experian failed to maintain reasonable procedures to prevent the reporting of debts incurred while a consumer was still a minor
To avoid such consequences, financial institutions need to disclose negative information to consumers promptly. This includes SS 1001, a federal and state statute. If convicted, the offender faces imprisonment or fines. The following are some tips to help you make sure that your information is kept confidential. To prevent identity theft, report debts incurred while a minor.
Damages sought in class action lawsuit against Experian
A recent case filed by a group of consumer advocates seeks damages for student loan borrowers. Plaintiffs alleged that Experian, VantageScore, and other companies mishandled the implementation of the CARES Act relief and damaged borrowers’ credit. Plaintiffs claimed that Experian had the legal obligation to direct VantageScore to adjust its credit scoring model and was entitled to damages, including compensatory and punitive damages. The plaintiffs also seek injunctive relief under California’s Unfair Competition Law.
