Number of Leagues Joining CUNA’s Equifax Suit Rises Again

At least eight credit union leagues from all over the country are now plaintiffs in CUNA’s recent lawsuit against Equifax over the credit bureau’s huge data breach that exposed personal financial information for millions of people. 

The Pennsylvania Credit Union Association, Mountain West Credit Union Association and the Nebraska Credit Union League are among the latest to join the growing class-action suit over Equifax’s enormous data breach announced September 7.

The three leagues had harsh words about Equifax in their announcements. 

“We have not seen a data breach of this magnitude before and the potential […] Read more

Does Equifax’s Credit Monitoring Service Bar Users From Joining a Class-Action Suit Against Them?

CLAIM

If you sign up for Equifax’s credit-monitoring service, you cannot join any class-action lawsuit against the company.

MIXTURE

RATING

MIXTURE

WHAT’S TRUE

The terms of service for Equifax’s credit monitoring service, TrustedID Premier, say that users give up their right to participate in a class-action lawsuit or arbitration.

WHAT’S FALSE

Those who user TrustedID Premier do not give up their right to participate in a class-action lawsuit or arbitration against Equifax over the 2017 data breach.

ORIGIN

After the credit-reporting company Equifax revealed on 7 September 2017 that a cyber-attack had exposed personal data for 143 million U.S. residents, the company promoted its service TrustedID Premier […] Read more