TransUnion has revealed that it has agreed to settle charges related to the marketing and sale of its consumer reports and credit scores.

Chicago-based TransUnion disclosed the $19.4 million settlement in a Form 8-K filing with the Securities and Exchange Commission.

The settlement includes $13.9 million in consumer redress, a $3.0 million civil penalty and $2.5 million in administrative and other costs.

Source: Mortgage Daily