Sources said that the deal stands to benefit borrowers, who will enjoy the credit monitoring services that TransUnion already provides, but for free. The class comprises of anyone who had an auto loan, a credit card, a department store card, a student loan or a mortgage, and were credit active from Jan. 1, 1987, until the present. Records say that the credit monitoring service usually costs $11.95 per month after a 30-day free trial. The target marketing business was discontinued in 2001, but TransUnion acknowledged no wrongdoing in agreeing to settle. Company officials cited privacy issues in recent years as a cause for the suit.
TransUnion in the News[TAKING CHARGE: TransUnion ]
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