Equifax to Pay Up to $600 per Eligible Consumer in a $2.2 Million Settlement Over Duplicate Credit Report Entries
Credit reporting agency Equifax has proposed a $2.2 million class action settlement after being accused of duplicating collection accounts on some consumers' credit reports, which allegedly lowered their scores and impacted their ability to secure loans or mortgages. The lawsuit was filed in Georgia federal court by Charmayne Bradberry, who claimed that the same debt appeared multiple times on her report, causing a significant drop in her credit score and leading to mortgage denial. Equifax denies any wrongdoing but has agreed to settle to avoid further litigation costs. Approximately 37,000 consumers are part of this settlement class. Those notified by Equifax may be eligible for cash payments up to $600 if they can prove harm from the duplicate reporting and also receive six months of free credit monitoring services. The final approval hearing is set for October 6, 2026, with a claim deadline on September 1, 2026.
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