SETTLEMENT AGREEMENT & RELEASESettlement Agreement • January 8th, 2024
Contract Type FiledJanuary 8th, 2024A settlement has been reached in a purported class action lawsuit (the “Action”) against Universal Credit Services, LLC (“Defendant”) for alleged violations of the Fair Credit Reporting Act (“FCRA”). As used in this notice, “Defendant” collectively refers to Xactus, LLC, in its capacity as successor in interest to certain assets of Universal Credit Services, LLC and Universal Credit Services, LLC. Plaintiffs claim that Defendant violated the FCRA by not following reasonable procedures to assure maximum possible accuracy by allegedly passing along information from credit bureaus that indicated a consumer was deceased when the consumer was alive. Defendant vigorously denies that it violated any law but has agreed to settle to avoid the uncertainties and expenses associated with continuing the Action. This Notice summarizes the proposed settlement. The complete settlement terms and conditions are available in the Settlement Agreement at www.xxxxx.com. Am I a Class Member? Defendant’s reco