Texas Land Attorney

Free Credit Report and Score?

While often advertised, consumers find regularly that credit reports and credit scores are rarely free. Instead, they are provided as an incentive to encourage enrollment in monthly monitoring programs, which, of course, have a fee.

This issue could change with the recent Class Action Settlement involving Transunion. While admitting no fault, the settlement is designed to repay those who had their personal information sold to third parties. As settlement, Transunion is offering consumers a couple of options.

How do you qualify? If you had an open line of credit or credit account from January 1, 1987 to the date of the Preliminary Approval of the settlement, you will likely qualify for benefits under the settlement. The date under which you can file for benefits under the settlement is June 16, 2008

There are two options for recovery under the settlement - (1) Basic in Kind Relief and (2) Enhanced in Kind Relief. As the consumer, you will be able to elect either at your preference. What’s the difference?

Basic in Kind Relief - Benefits are for 6 Months
-Unlimited daily access to Credit Report
-Unlimited daily access to Credit Score
-24-hour email credit notification service
-Retail Value - $59.75
-Access to any remaining settlement funds

Enhanced in Kind Relief - Benefits are for 9 Months
-Unlimited daily access to Credit Report
-Unlimited daily access to Credit Score
-24-hour email credit notification service
-Suite of Insurance Scores
-Mortgage Simulator Service
-Retail Value - $115.50
-Full settlment (no access to any excess settlement funds)

To discover all of the details of this settlement agreement and how it can benefit you, please visit the Transunion Settlement Site.