Xactus $2.4M Credit Report Accuracy Class Action Settlement

Xactus $2.4M Credit Report Accuracy Class Action SettlementIndividuals who received a merged infile credit report from Xactus may qualify for an estimated $500 from a class action settlement.Xactus $2.4M Credit Report Accuracy Class Action SettlementWeekly NewsletterClass actions settlements delivered to your inbox.Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.William C. GendronEditor in ChiefPublishedJuly 30, 2026 1:12 PMUpdatedAugust 24, 2026Join the DiscussionIndividuals who received a merged infile credit report from Xactus LLC between Nov. 16, 2021, and June 18, 2026, may be eligible to claim an estimated $500 from a class action settlement.Xactus agreed to pay $2.4 million to settle a class action lawsuit alleging it violated the Fair Credit Reporting Act by selling consumer credit reports to mortgage lenders that inaccurately included estimated monthly payments on charged-off accounts even when two of the three major credit bureaus reported a zero balance. These inaccurate reports reportedly inflated consumers’ apparent debt obligations.Who can file a claim?Individuals are considered class members if they meet all of the following criteria:They reside in the United States or its territories.Xactus prepared and sold a merged infile credit report about them between Nov. 16, 2021, and June 18, 2026, that displayed a charged-off account in R9 status with a non-zero balance and a non-zero calculated monthly payment amount.Two of the three major consumer reporting agencies reported the same account to Xactus with a $0 balance.How much are settlement payments?Each eligible class member who submits a valid claim form will receive an equal share of the net settlement fund. The estimated payment is $500, but the actual amount may be higher or lower depending on the number of valid claims submitted. There are approximately 28,416 class members.