![]() Your claim form should be submitted using the last name that received the "impacted" message. If you have used more than one last name (a maiden name and a married name), please check them when using the above link. Go here: Call the Settlement Administrator toll-free at 1-83. To verify whether you are a Settlement Class Member and eligible for benefits, you can: consumers impacted by the Equifax data breach. (Equifax Breach Settlement)Īn Equifax Data Breach settlement class member is an individual who was among the approximately 147 million U.S. An individual who lost money because of identity theft may be eligible to receive up to $20,000. Fall 2022: The settlement administrators are releasing benefits to consumers for eligible out-of-pocket expenses related to the data breach or identity theft resulting from the breach, as well as time spent recovering from the data breach (up to 20 hours).February 2022: Consumers who opt for free credit monitoring services receive activation codes from the settlement administrator.January 2022: Finalization of the FTC settlement.Settlement amount: It will cost $425 million to settle Equifax's breach.January 2020: The court approves the Settlement (FTC) July 2019: The Federal Trade Commission announces Equifax has agreed to pay at least $575 million, with the possibility of paying up to $700 million.You can find the most recent version of the lawsuit here, which describes the specific legal claims alleged by the plaintiffs. The time you spent recovering from identity theft or fraud.Incurred notary fees, shipping charges, mileage, and phone calls while recovering from identity theft.Professional fees you pay to recover from identity theft, such as accountants or attorneys.Account losses from unauthorized charges. ![]() The following expenses may still be claimed if they are incurred between January 23, 2020, and January 22, 2024: The payment has yet to begin, and the deadline for filing claims is January 22, 2024. There were a lot of claimants, so the payouts were capped at $125 per person, but you may receive less. Here's where the action slows down a little. Quite a bit of money, huh? How much is my share? Compensate the government for court costs and fines.Up to $20,000 in payouts (limited in most cases to $125).As part of the settlement, Equifax agreed to the following: The FTC alleged Equifax's lax security contributed to the breach in a court case in 2019. Names, addresses, dates of birth, Social Security Numbers, and credit card number details contained in that data could be used for identity theft. states and territories and the Federal Trade Commission reached a global settlement with the company.įollowing the event, up to $425 million was allocated to help affected individuals. In September 2017, Equifax announced that 147 million people's personal information had been compromised. But first,Ī brief history of Equifax's data breach settlement You may have a ticket for free credit monitoring for four years if you receive this email. Class-action settlement recipients were notified by February 25, 2022, about their eligibility and payment options through emails sent by the claim's administrator. Here is more on the benefits to expect.Īfter five years, Equifax victims are finally beginning to receive updates about their upcoming settlement payments for the massive breach five years ago. According to the Federal Trade Commission, activation instructions should be included in the email or letter. The tool asks for your last name and the last six digits of your Social Security number.Summary: In response to Equifax's massive data breach in 2017, you should have received information if you signed up for this service a couple of years ago. If you are unsure of your status, the settlement administrator has a tool to check your status as a class member on the Equifax Data Breach Settlement website. Everyone is eligible for at least 7 years of free identity restoration services.Ī settlement class member of the Equifax breach is any one of the 147 million people impacted by the breach-i.e., who had their information stolen.The settlement also provides an extended claims period for class members who have a claim between Jan.While this is a legitimate settlement, be aware there will likely be scam impersonators including those that try to charge money.Sign up for credit monitoring with an activation code by June 27, 2022.You must have registered a valid claim by Jan.25, 2022 telling eligible Equifax security breach claimants how to sign up for four years of free credit monitoring. Letters and emails are going out through Feb.
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