The crrsettlement.net site is the CRR Equifax Class Action Lawsuit Settlement website. At the CRR Equifax Class Action Lawsuit Settlement you can find out about the [proposed class action lawsuit against Equifax. Equifax is one of the credit reporting agencies. Apparently Equifax violated one of the sections of the FCRA which asks that credit reporting agencies should disclose all information to the consumer when the consumer asks for it.

Equifax violated this by not clearly explaining the date of first delinquency. Sherman Financial Compnay had bought these delinquent accounts - Equifax gave the consumer this but did not tell them abou tthe date of first delinquency. The date of first deliquency is the information needed to figure out if the delinquency is out of date and so not allowed to be reported to credit grantors.

Statutory damages of between $100 - $1000 is being requested for each violation. Equifax denies any wrongdoing. You may be eligible for the CRR Equifax Class Action Lawsuit Settlement if you have a New Jersery or North Carolina address and you have a Sherman Financial Company file as one the Equifax files. You must have requested a copy of your file from Equifax from January 10, 2003 to January 13, 2008.

You have some rights in the CRR Equifax Class Action Lawsuit Settlement. If you wish to opt out meaning that you will not get any settlement benefits, you have to send in a written request by November 25, 2009. You can also object to the settlement. You can tell the Court in writing that you do not like the settlement. You must send in your written objection by November 16, 2009.

The Final approval hearing is at 9:30 a.m. on December 15, 2009. The Fairness Hearning will be held in Chicago Illinois Courthouse. You can get the address at the CRR Equifax Class Action Lawsuit Settlement website below.

For more information on the CRR Equifax Class Action Lawsuit Settlement, go to the website below. Just click on the link.

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