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Last week, Equifax agreed to a $575 million up to $700 million settlement over its major 2017 data breach. It entitles affected consumers to free credit-monitoring offerings or an $125 payout, plus the potential for more cash back if you can document losses as a result of the incident.
The settlement, unveiled in July, essentially gave consumers two choices. They could take up to 10 years of free credit monitoring. The first four years would be with Equifax and two other credit bureaus, Experian EXP GY, +3.97% and TransUnion TRUE, +7.75%. The next six years would be with Equifax.
The settlement, unveiled in July, essentially gave consumers two choices. They could take up to 10 years of free credit monitoring. The first four years would be with Equifax and two other credit bureaus, Experian EXP GY, -1.22% and TransUnion TRUE, +1.27%. The next six years would be with Equifax.
Last week, Equifax agreed to a $575 million up to $700 million settlement over its major 2017 data breach.
The period for filing initial claims in the Equifax data breach settlement ended Jan. Equifax agreed to pay hundreds of millions of dollars to help consumers affected by the breach. According to court documents, more than 15 million claims had been submitted by Dec. 1, with several weeks left to file claims.
Credit Scores: A Timeline Every billing cycle, typically every 30 to 45 days, your lenders are supposed to report changes to your accounts to the credit reporting bureaus Equifax, Experian and TransUnion.
Go to the settlement website and click on Find out if your information was impacted to see if you're eligible. Identity restoration services include help dealing with companies, government agencies and credit bureaus. You can use the service even if you never make a claim from this settlement.
Go to the settlement website and click on Find out if your information was impacted to see if you're eligible. Identity restoration services include help dealing with companies, government agencies and credit bureaus. You can use the service even if you never make a claim from this settlement.
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