Class Action Settlement with Equifax and Fair Isaac (myFICO): Get 3 Free Months of Score Watch
I received this email notice this morning about the class action settlement for cases 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):
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.
A federal court has directed that this notice be sent to inform you of a proposed class action settlement. Records show that you entered into an agreement with an Equifax and/or Fair Isaac entity (including through a website) between November 19, 1999 and February 8, 2007 to purchase one or more of the following “Offerings”: Score Power®; Credit WatchTM; Score WatchTM; 3-in-1 Monitoring; Credit RankingsTM with Score Power®; Credit RankingsTM with 3-in-1 with Score Power®; Credit RankingsTM with Credit Report; Credit RankingsTM with 3-in-1; 3-in-1 with Score Power®; Score Power® by mail; Credit WatchTM by mail; FICO® Score (with Equifax, TransUnion or Experian reports); FICO® Deluxe; Suze Orman FICO® Kit; CreditSync; and Credit Advantage. If so, you may be eligible to receive a benefit under the proposed Settlement.
The Settlement will resolve two lawsuits in which claims are made that Equifax Consumer Services, Inc. (“Equifax”) and Fair Isaac Corporation (“Fair Isaac”) (collectively, the “Defendants”) violated the federal Credit Repair Organizations Act and similar state laws. Under the Settlement, the Defendants deny that they are liable, but have agreed to make certain changes to the Offerings and to the advertising and marketing of the Offerings. In addition, a Settlement Class member who purchased an Offering from one of the Defendants will receive 3 free months of Score Watch from that Defendant. A Settlement Class member who purchased an Offering from both of the Defendants will receive 3 free months of Score Watch from each of the Defendants for a total of 6 months of Score Watch. You will not be required to purchase anything. These benefits are truly free. All that is necessary is for you to fill out an Authentication Form to protect your privacy rights. Score Watch is a valuable benefit.
I have purchased two Equifax FICO scores from myFICO.com in the past year and that’s the reason why I received this notice. If you also have purchased any above mentioned product(s) from the defendents and like to participate in the settlement, here’s what you can do:
In order to receive the free months of Score Watch, you need only submit an Authentication Form either on-line or by mail. An Authentication Form may be obtained on-line at www.hillisslacksettlement.com, by calling 1-800-262-0454 or by sending a written request to the Settlement Administrator at Hillis Slack Settlement, c/o The Garden City Group, Inc., P.O. Box 9114, Dublin, OH 43017-4114. Your Authentication Form must be submitted on-line or postmarked (if sent by mail) not later than 75 days after the Effective Date. For more information on these deadlines, the Effective Date of the Settlement, the Authentication procedure, and the settlement benefits, you may visit www.hillisslacksettlement.com.
If you are eligible, the deadline to make a decision is May 4, 2007.
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