how do i join the equifax settlement

To join the suit, consumers must first meet a few criteria. Then, they must provide a copy of their credit report, which can be obtained online. The Equifax breach has prompted several lawsuits, including one filed by Kroger for $70 billion in damages.

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Where can I find out more about the Equifax settlement?

Learn more at the FTC’s official site for information: ftc.gov/Equifax. Remember that you don’t have to pay for credit monitoring as part of this settlement, and nobody will call, text, or email out of the blue to ask you for your credit card or bank account numbers, or to “help” you get your free credit monitoring.

What do you need to join the Equifax class action lawsuit?

You need to have proof of the breach and any damages that you have suffered. When you join the Equifax class action lawsuit, you’ll receive cash payments. These can be in the form of a check or a pre-paid debit card. You’ll receive instructions and a unique activation code via email.

What is the Equifax data breach settlement?

In September of 2017, Equifax announced it experienced a data breach, which impacted the personal information of approximately 147 million people. A federal court approved a class action Settlement that resolves lawsuits brought by consumers after the data breach. Equifax denied any wrongdoing and no judgment or finding of wrongdoing was made.

What is the Equifax lawsuit all about?

In addition to a legal claim, the Equifax lawsuit has also made it easy for consumers to join the class action. The lawsuit cites a breach of trust in which Equifax’s employees were required to disclose sensitive information.

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How do I claim my Equifax 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.

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.

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 each person get from Equifax settlement?

Under the settlement terms, Equifax agreed to set up a fund to provide free credit monitoring and identity theft protection to consumers, as well as provide cash payments to people affected by the breach—up to $20,000 per person.

How much is the Equifax settlement?

$425 millionEquifax data breach class action lawsuit settlement updates: On June 3, 2021, the 11th Circuit Court of Appeals upheld the $425 million Equifax data breach settlement.

How much can you get from a data breach settlement?

How much can I receive from the Capital One settlement? Class members can collect up to $25,000 in cash for lost time and out-of-pocket expenditures relating to the breach, including unreimbursed fraud charges, money spent preventing identity theft and fees to professional data security services.

How do I know if I was part of Equifax breach?

Equifax has created a website where you can find out if you have been affected by the breach. The website will ask you for the last six digits of your social security number and your last name, and then will tell you if you have been affected. You can also call 1-833-759-2982.

How do I check my Equifax claim?

You can also log into your myEquifax account and view your status by clicking the “check status of a dispute” button. If you are checking your status by mail or phone, please make sure you have the confirmation number that was provided to you when you submitted your dispute.

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.

Will Equifax pay $125?

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 the $125 from Equifax?

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.

What happened to the Equifax settlement Payments?

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.

How does Equifax get paid?

In the U.S., these three major consumer credit bureaus primarily make money selling credit reports, developing analytics and scoring systems, and selling credit-related services to consumers. Editorial Note: Credit Karma receives compensation from third-party advertisers, but that doesn't affect our editors' opinions.

What happened to Equifax?

In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people. The company has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories.

How long does it take to get a free credit report from Equifax?

You can get six free credit reports from Equifax in a 12-month period, for seven years beginning January 2020. These are in addition to the free reports you’re already entitled to under the law.

When did Equifax breach?

In September 2017 , Equifax announced a breach that exposed the personal data of approximately 147 million people. If your data was impacted, under a legal settlement, you may claim free services and payments.

Can you request reimbursement for Equifax?

You can request reimbursement if you spent money, for example: For certain Equifax products before the breach. To freeze or unfreeze your credit. For credit monitoring services. Dealing with fraud or identity theft after the breach.

What does it mean when Equifax settles with the FTC?

A settlement with the FTC means Equifax will pay victims of its breach $125 or more. Make sure it pay ups. Save this story for later.

How long does Equifax monitor credit report?

The settlement specifically allows for "at least four years of free monitoring of your credit report at all three credit bureaus (Equifax, Experian, and TransUnion)" and then "up to six more years of free monitoring of your Equifax credit report.". That's not as comprehensive as it sounds at first. At least, though, during the four years ...

How much compensation can you get for identity theft?

People who have already suffered identity theft or other damages as a result of the breach and have documentation to back it up are potentially eligible for up to $20,000 in compensation.