Status: open
Experian (incorrect residential information)
Defendant: Experian
Experian will pay $22.45 million as part of a settlement to resolve allegations that the company incorrectly reported some home addresses as high risk or non-residential, resulting in denied credit opportunities for affected consumers. Consumers affected by Experian’s Fraud Shield Indicators who contacted Experian between July 1, 2018, and July 31, 2021, to inquire about or dispute a non-residential or high-risk address indicator can receive a cash payment.