Equifax Tribal Loan Reporting Class Settlement: Scam Or Legit? Read This First
Did you receive the Equifax Tribal Loan Reporting Class Settlement? It’s not a scam.
Equifax agreed to settle a lawsuit where people claimed they messed up reporting tribal loan accounts.
Who Is Eligible For The Equifax Tribal Loan Reporting Class Settlement
Equifax is settling a deal for people who had loans from Plain Green, Great Plains Lending, or MobiLoans. If Equifax got info about your loan from Midwest Recovery or CACi between Oct. 4, 2019, and Aug. 21, 2023, you might be eligible.
People sued Equifax, saying they reported debts from Great Plains Lending, Plain Green, and MobiLoans to the wrong people. The lawsuit claims Equifax even let debt collectors change the dates on these loans to make them look more recent.
How Much Is The Settlement
Even though Equifax didn’t admit it did something wrong, they’re paying some money to settle a lawsuit about how they handled credit reports. If you’re part of the group affected, you could get $500 by filling out a claim form.
Besides the money, Equifax has to do some non-money stuff. They’ll erase any accounts on credit reports related to a loan from Plain Green, Great Plains Lending, or MobiLoans that Midwest Recovery or CACi told them about. Equifax also promised to improve how they do things to help people like you and others.
How To File A Claim
If you are eligible, fil out a valid claim form before the deadline on Feb. 20, 2024.
Click here to fill out a valid claim form.
Conclusion
Meeks v. Equifax Information Services LLC, Case No. 3:21-cv-07727-CRB, is not a scam. Just like Avantus Inaccurate credit reporting Settlement Besides the money, Equifax has to do some non-money stuff. They’ll erase any accounts on credit reports related to a loan from Plain Green, Great Plains Lending, or MobiLoans that Midwest Recovery or CACi told them about.
