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In July, credit bureau Equifax agreed to pay nearly $700 million over its massive 2017 data breach. Under the terms of the settlement, affected consumers could potentially get up to $20,000 in reimbursement.
Despite the FTC pushing people away from an Equifax cash payout, there's a good chance you'll get all $125. Eventually. Last week, Equifax agreed to a $575 million up to $700 million settlement over its major 2017 data breach.
Other options from Equifax settlement Starting next year, all Americans will be entitled to six free Equifax credit reports each year for seven years. This can help you monitor any illegal activity. All U.S. consumers are entitled to get free identity theft recovery services for the next seven years.
The Federal Trade Commission said in July that Equifax has agreed to pay at least $575 million and up to $700 million to help compensate victims of hackers who stole personal data from Equifax servers.
Filing a claim You also can request a claim form be mailed to you by calling 1-833-759-2982 or emailing them at info@EquifaxBreachSettlement.com.
Opt Out Prescreen will not reach out to consumers, so any phone call or email from anyone claiming to be from Opt Out Prescreen is fraudulent. Call the toll-free number (888) 5-OPT OUT. Send a written request. If you prefer to submit your request by mail, you can send a written request to permanently opt out.
A federal judge gave the agreement preliminary approval on Monday, and once finalized, it will be the largest settlement of a data breach case in terms of dollar amount and number of victims, surpassing the $115 million the health care company Anthem paid to settle claims from 79 million people who had their personal ...
However, Credit Karma only monitors two of the three credit reporting agencies, TransUnion and Equifax, whereas the Equifax settlement offers four years of credit monitoring with all three major agencies, including Experian as well.
Equifax, one of the three major consumer credit bureaus, last week reached a settlement for up to $700 million related to its major security breach in 2017. If you were affected by this breach, which exposed the personal information of 147 million people, you could be entitled to compensation.
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