Hillis v. Equifax Consumer Services, Inc. and Fair Isaac Corp., Case No. 1:04-CV-3400 (USDC, ND GA) and Slack v. Fair Isaac Corp. and MyFICO Consumer Services, Inc., Case No. 1:07-CV-314 (USDC, ND GA)
A FEDERAL COURT ORDERED THIS NOTICE. THIS IS NOT A SOLICITATION FROM A LAWYER. THIS IS NOT A SOLICITATION FROM EQUIFAX OR FAIR ISAAC TO PURCHASE ANYTHING.
PLEASE READ.
You may be eligible to receive a benefit from a class action settlement if you purchased, paid for and received a credit score or credit monitoring offering from an Equifax website (Equifax.com), Equifax entity, Fair Isaac website (myFICO.com) or a reseller of the Suze Orman FICO® Kit between November 19, 1999 and February 8, 2007.
Nancy Anne
Well I’d hate to think
Well I’d hate to think that any of our readers were u/18s drinking beer in the citteh. Perish the thought.
GP has sort of prompted us
GP has sort of prompted us to look for certain things in the video that obviously aren't there and wouldn't be there in any kind of situation.
Until the Lawyers get the same, it's all a scam
These settlements (and all class-action settlements) are just agreements between companies and suing attorneys. We'll "settle" for something worthless and pay your fees, if you'll just leave us alone.
A law should be passed that attorneys in these suits receive the same payment that the people they represent get. So if we get 6 months of an $8 "value" item (credit) - that's "worth" about $48. I'd rather have the $48. But the attorneys get their payment in cash. Instead, if a law firm gets $1,000,000 in fees, they would get about 10,416 years worth of credit watch instead of cash.
I'll bet they'll fight for something more worthwhile to the consumer and I'll bet the companies would fight a lot harder to win those cases. Only the TRUE consumer fraud cases would actually go anywhere.
Why would I want free services from a company that defrauded me in the first place?
Bill
Equifax settlement "worthless"
More information regarding the settlement above can be found at: Hills/Slack Settlement. According to the website, class members are entitled to receive 3-6 free months of the Score Watch service, which is described on the site as: "Score Watch™ is an offering for sale by both Equifax and Fair Isaac. It continuously monitors a consumer’s Equifax credit file and FICO® score, and provides up to two Equifax Score Power™ reports which include an Equifax credit report and a FICO® score report. The current retail value of Score Watch™ is approximately $7.95-8.95 per month. Benefits of Score Watch include: email notification when a change in your FICO® score impacts the interest rate you may receive; explanations of key score changes; an explanation of what your most current score means, and a graph of how lenders view you. Customer service is also provided."
According to Privacy Rights Clearinghouse analyst Paul Dubois, the settlement is "worthless." Mr. Dubois also noted, "for the majority of people, it is unnecessary to purchase the Score Watch service. It might make sense for those considering a new mortgage, but that's about it." Mr. Dubois urged consumers to take advantage of the free services availabe. He said, "you can get one free credit report a year at AnnualCreditReport.com or sign up for fraud alerts and get four free reports a year. Consumers can also get a free Fico estimate at MyFico.com. It won't give your exact score, but it's pretty accurate."
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