Settlement FAQs

do i qualify for equifax settlement

by Arielle Fahey Published 2 years ago Updated 2 years ago
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Who qualifies for the Equifax settlement?

You are a Settlement Class Member if you are among the approximately 147 million U.S. consumers identified by Equifax whose personal information was impacted by the Equifax Data Breach.

How much will I get from Equifax settlement?

If you asked for money If you requested compensation of up to $125 or reimbursement for time spent recovering from fraud or ID theft, a check or debit card will be mailed to the address you used when submitting your claim. Be prepared for compensation that is much less than you requested.

Has anyone received money from Equifax?

You filed a claim in the Equifax Data Breach Settlement and chose to receive free, three-bureau (Equifax, Experian, and TransUnion) credit monitoring from Experian for four years. Implementation of the Settlement was delayed by appeals; however, the Settlement is now effective because appellate courts have affirmed it.

How do I claim my Equifax data breach settlement?

For more details and to check your claim status, visit EquifaxBreachSettlement.com . If you were affected by the Equifax data breach, you can still claim financial reimbursement for costs you incurred, or time you spent dealing with fraud or identity theft, after January 22, 2022. Claims are due by January 22, 2024.

Was I part of the Equifax breach?

If you want to check whether your data was exposed, the FTC and official settlement site have an online tool you can use to check if you were part of the Equifax breach. You'll need to enter your last name and last six digits of your Social Security number to see if your data was part of the hack.

What happened to the Equifax claim?

Equifax denied any wrongdoing and no judgment or finding of wrongdoing was made. If you are a Class Member, the deadline to file Initial Claims Period claim(s) for free credit monitoring or up to $125 cash payment and other cash reimbursement passed on January 22, 2020. The Settlement is now effective.

Is Equifax being sued?

In 2017, hackers broke into Equifax in a breach that exposed the financial information of 147 million Americans. A federal court in 2020 approved a $380 million settlement of class actions lawsuits, with no finding or judgment of wrongdoing made.

How long does a data breach claim take?

In reality, how long a data breach claim takes simply comes down to the circumstances of the case. Some cases could be resolved in a few months, whereas others may end up being pursued for several years.

Do you get paid for data breaches?

You also can file a claim for the time you spent recovering from identity theft or fraud between January 23, 2020, and January 22, 2024. You can be compensated up to $25 per hour up to 20 hours. There are limited funds available so your claim may be reduced.

Is my Equifax the same as Equifax?

Highlights: With a free myEquifax account, you can receive free Equifax credit reports, place a security freeze, fraud alert or submit a dispute. A myEquifax account is FREE, and for anyone to easily view and monitor their Equifax credit report and needs credit report assistance.

How Much Will Indiana residents get from the Equifax settlement?

approximately $79The Indiana Attorney General will start sending settlement payments on Wednesday to Hoosiers whose data was leaked in a 2017 Equifax breach. More than 236,000 past and current Indiana residents will get approximately $79 as part of a settlement that Indiana reached with the credit company.

How much will I get from Indiana Equifax settlement?

“Each person who filed an eligible claim for restitution at IndianaEquifaxClaims.com will receive approximately $79," a statement from the Attorney General's Office said. "The Office will begin distributing digital and check payments on March 31.

What is the Indiana Equifax settlement?

As part of the settlement, Equifax agreed to pay $19.5 million to the State of Indiana. That money is being directed to consumer restitution payments and costs associated with the settlement. If your personal information was impacted in the data breach, you are eligible for a consumer restitution payment.

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