[Dataloss] Fringe: Free credit monitoring for the masses
hbrown at knology.net
Wed Jun 18 10:55:08 UTC 2008
Company offers to monitor credit record for free
Richard Burnett | Sentinel Staff Writer
June 17, 2008
In an unprecedented legal deal, one of the nation's major credit
reporting companies has agreed to offer free credit monitoring service
to potentially hundreds of millions of U.S. consumers.
TransUnion LLC launched the offer Monday as part of settling a
10-year-old class-action lawsuit that accused the company of improperly
selling targeted consumer-data lists to other companies for unsolicited
marketing activity. The company also agreed to pay $75 million into a
settlement fund. It is the largest consumer-related class action
settlement on record in the U.S., experts say.
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