Consumer Alert: Transunion May Have Sold Your Private Credit Information
Trans Union is a credit reporting agency that compiles individuals credit information
, keeping a comprehensive record of all loans received, outstanding balances, credit limits, etc. Beginning in 1987, TransUnion sold this confidential credit information to various target marketing companies, generating millions of dollars in profits for company. Guided with the credit information, marketers began inundating consumers with credit offers via junk mail and telemarketing.
By obtaining compensation for disclosing confidential information, TransUnion violated the Federal Credit Reporting Act. The original TransUnion lawsuit claimed that the company violated the Fair Credit Reporting Act by selling credit users personal and financial information to marketing companies. TransUnion sold the personal financial information of millions to credit marketers. These marketers then began implementing sales calls and junk mail campaigns targeting these individuals.
The original TransUnion class action lawsuit claimed that the company violated the Fair Credit Reporting Act by selling credit users personal and financial information to marketing companies. TransUnion sold the personal financial information of millions to credit marketers. These marketers then began implementing sales calls and junk mail campaigns targeting these individuals.
To settle the underlying class action lawsuit, Defendants TransUnion LLC and Acxiom Corporation established a $75 million settlement fund in order to resolve the case against them in the Northern District of Illinois styled In Re TransUnion Corp. Privacy Litigation, Case No. 00-CV-4729, MDL Docket No. 1350. TransUnion set up the fund to compensate the individuals whose information was released.
As part of the settlement agreement, TransUnion agreed that individual claimants could make claims against the $75 million class action settlement fund until September 16, 2010. Therefore, you have little time to make a claim against TransUnion for potential compensation.
If you had a car loan, home loan, student loan, or credit card between 1987 and 2000, you may be entitled to money damages. To settle the lawsuit, TransUnion set up a settlement fund of $75 million to compensate the individuals whose information was released. To receive a portion of the $75 million settlement fund, you must submit a claim by September 16, 2010.
The attorneys at OMD have nearly 80 years combined experience. Simply put, our firm has the experience, resources, and dedication to take on the most complex legal issues against TransUnion, making us a leader among firms across the United States.
At OMD, we have what it takes to win. Our firm will work tirelessly to ensure you obtain the compensation you deserve from TransUnion. Our contingency fee policy ensures that we do not get paid unless you do. We work diligently to ensure that TransUnion wont delay in compensating you for the reckless dissemination of your personal credit information. We have the experience, resources, and drive to succeed in thousands of TransUnion settlement cases.
Weve recovered verdicts and settlements for people just like you people across the United States. We cannot promise results but we can promise to provide diligent, honest representation to TransUnion victims across the United States. Contact us today to learn more about how we can help you recover the compensation you deserve.
by: JB Demerath
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Consumer Alert: Transunion May Have Sold Your Private Credit Information Anaheim