Equifax has agreed to a proposed $100 million settlement resolving a class-action lawsuit over allegedly incorrect credit scores reported in 2022. The lawsuit claims a coding error caused the credit bureau to report lowered scores for about 4 million Americans who applied for mortgages, auto loans or credit cards between March 17 and April 6, 2022; eligibility extends through April 8, 2022, for people affected by the issue. Estimated payments range from $95 to $280, though the final amount may differ. Claimants must submit a claim by Dec. 28. Equifax denies violating the Fair Credit Reporting Act, and the court has not determined which side is correct. A final fairness hearing is scheduled for Jan. 22, 2027.