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| | | A federal jury has awarded a Fresno, California couple $940,000.00 against Trans Union, LLC, a Chicago-based credit reporting corporation after the agency failed to correct mistakes on their credit report. The award was brought under the Federal Fair Credit Reporting Act.
The issue arose over certain IRS tax liens inadvertently asserted against the plaintiffs. The IRS took steps to remove the liens, but the plaintiffs, Raffi and Deborah Garabedian, testified they tried for years in vain to force Trans Union to delete them from their credit report. Other errors on the credit reports were also alleged.
This issue is unfortunately all too common among credit bureaus, which are notorious for providing debtors with miles of red tape. Perhaps this award will send a message to the various credit bureaus that they have a duty to properly and accurately report people's credit history.
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