in Newswire Published on August 25, 2026

$100M Equifax Settlement Resolves Lawsuit Over Inaccurate Consumer Reports Due to Coding Error

In re: Equifax Fair Credit Reporting Act Litigation

Filed: August 3, 2022 ◆§ 1:22-cv-03072

A $100M Equifax settlement offers cash to consumers whose credit scores were inaccurately reported to third parties during a three-week coding error.

Defendant(s)

Equifax, Inc.

Law(s)

Fair Credit Reporting Act

State(s)

Georgia

Categories

Business/Finance Fraud Class Action Settlement

Equifax has agreed to a $100 million settlement to resolve a class action lawsuit that alleged the credit reporting agency inaccurately reported consumers’ credit scores or credit attributes to third-party lenders during a three-week period in 2022 due to a coding error.

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The Equifax class action settlement received preliminary approval from the court on August 17, 2026. The settlement covers all individuals in the United States for whom a credit score or credit attribute that differed from what it would have been absent the coding issue experienced by Equifax between March 17 and April 8, 2022 was reported by the agency to a third party in connection with a transaction identified by Equifax in its OMS analysis.

ClassAction.org will update this page when the Equifax class action settlement website is launched.

Equifax settlement class members who file a timely, valid claim form can receive a pro rata cash payment, with no proof required.

The final amount of each class member’s cash payout will depend on the total number of valid claims filed, among other factors.

ClassAction.org will update this page with information on how to submit an Equifax claim form, and by when, as it is released by the settlement administrator.

The court will determine whether to grant final approval to the Equifax settlement following a hearing on January 22, 2027. Compensation will begin to be distributed to class members only after final approval has been granted and any appeals have been resolved.

The Equifax class action lawsuit alleged that the consumer credit reporting agency unlawfully sent third-party lenders, insurers and others inaccurate consumer credit reports and attributes due to a coding error experienced by the agency between March 17 and April 8, 2022, in violation of the Fair Credit Reporting Act.

Did you know that some class action settlements require no proof to submit a claim? Check out the latest top class action settlements.

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