#Equifax data breach settlement. free#

But you’d need to make sure you opt out of this settlement class first. If you think your personal damages as a result of the data breach exceed $20,000, talking with your attorney about a separate suit could be an option. Those who can prove that they took a hit above $125 can get $25 for every hour spent pulling their lives together in the wake of an Equifax-related identity theft. Opting out of the settlement means you don’t forfeit your rights against Equifax and can still file your own lawsuit against the company. If you find out that your personal data has been misused, you can call the FTC’s settlement administrator to get help. Per the settlement, you’re eligible for seven years of “free identity restoration services,” according to the FTC. You can choose to receive the payment at home as a check or as a debit card after final approval from the court, which is set for December 19.

#Equifax data breach settlement. free#

If you’d like to get 10 years of free credit monitoring - or $125 if you already have ongoing credit monitoring - you can make a claim.

The Equifax Data Breach Settlement website has a look-up tool where you can find out whether your data was compromised. With so many Americans affected, it’s very likely you could qualify for some form of compensation as a result of the settlement.Īnd with so many names, addresses, birthdates and Social Security numbers leaked, you could still be at long-term risk for identity theft. The settlement of up to $700 million includes as much as $425 million for individual compensation. WASHINGTON – On Monday, Equifax settled with the US Federal Trade Commission over its 2017 data breach, which affected 147 million Americans. Please look at the time stamp on the story to see when it was last updated. This is an archived article and the information in the article may be outdated.