Equifax has agreed to a $2.2 million class action settlement to resolve claims that it reported duplicate collection accounts on certain consumer credit reports in 2022, potentially lowering credit scores and affecting credit access. An estimated 37,000 consumers are part of the settlement class, and those who submit valid claims affirming harm may receive up to $600, though the final amount depends on the number of approved claims. All class members will also receive six months of Equifax Complete credit monitoring without filing a claim. The deadline to submit a claim is September 1, 2026, with a final approval hearing set for October 6, 2026. Equifax denies any wrongdoing and the court has not determined liability.
Equifax IncEquifax settles class action over duplicate collection accounts, paying $2.2M and offering credit monitoring.