Archive for September 30th, 2007

Lawsuit yields free credit monitoring

Sunday, September 30th, 2007

Unless you’ve avoided all forms of credit for the last 20 years, you’re eligible to receive free credit monitoring from TransUnion. Thanks to a proposed class-action lawsuit settlement with the credit-reporting agency, you can sign up for six or nine months of free credit monitoring. But you had better hurry if you want to enjoy the benefits. The registration window closes on Wednesday, Sept. 24.- advertisement -

Nearly a decade ago, consumers brought a class-action lawsuit against Acxiom Corp. and TransUnion, alleging that the two companies violated state laws and the Fair Credit Reporting Act by selling private consumer information to marketers, credit grantors and insurers.

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Credit unions weather tough market

Sunday, September 30th, 2007

The Web site for Agriculture Federal Credit Union greets visitors with a statement meant to drive home the safety and security of deposit accounts at the institution.- advertisement -

Credit unions are structured differently than their bank counterparts and, although they are far from immune to the mortgage and credit debacle, most of them may be getting through the current landscape in fairly good shape. Nevertheless, a number of credit unions are taking the same route as Agriculture FCU and attempting to allay any consumer concerns.

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