TransUnion, one of the three national credit bureaus, has settled a class action lawsuit with winning terms for credit holding consumers. If you had any open lines of credit from January 1, 1987 until May 28, 2008 you are eligible to receive free 24-hour credit monitoring from TransUnion for up to nine months. Find out what the free service includes and how to file a claim when you
According to CNN, you can choose between TransUnion's Basic and Enhanced services. The Basic (valued at $59.75) comes with six months unlimited access to TransUnion credit reports and your TransUnion credit score, and with this option you're also eligible to receive cash from the settlement fund. The Enhanced (valued at $115.50) doesn't allow you to receive any cash payment, but it comes with nine months unlimited access and provides additional services like your insurance score and a mortgage simulator service.
While the vast majority of creditors rely on the FICO score and not the TransUnion credit score, it can't hurt to be updated on changes in your credit report. For more information or to file a claim, visit the settlement's website or call 866-416-3470.