Settlement FAQs

how to check equifax data breach settlement

by Dr. Davonte Howe Published 2 years ago Updated 1 year ago
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How do I check my Equifax settlement status?

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.

Has anyone received money from Equifax?

After a data breach in 2017 exposed personal data of more than 147 million consumers, including in some cases Social Security and driver's license numbers, credit bureau Equifax agreed to pay hundreds of millions in compensation to help affected consumers.

How much will I get from the Equifax settlement?

Court Approves Equifax Breach Settlement: Money for Some, Free Credit Monitoring for All. Equifax will pay up to $425 million in restitution to those directly impacted by the massive data breach of the credit bureau in 2017. A federal court gave final approval to the class-action lawsuit settlement in mid-January.

How do I get my Equifax breach settlement?

To get free credit monitoring or a cash payment (or both), you must submit a claim: online at EquifaxBreachSettlement.com, or. through the mail. (Send your claim to Equifax Data Breach Settlement Administrator, c/o JND Legal Administration, P.O. Box 91318, Seattle, WA 98111-9418).

What happened to the Equifax settlement Payments?

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. The settlement includes up to $425 million to help people affected by the data breach.

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.

Who qualifies for 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.

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.

Are Experian and Equifax the same?

Experian provides monthly data for each account including the minimum payment due, payment amounts, and balances. Equifax lists accounts in groupings of “open” or “closed,” which makes it easy to view current versus old credit data.

How do I contact Equifax by phone?

Please call us at (866) 640-2273 from 8 a.m. to 3 a.m. ET, 7 days a week.

How does Equifax get paid?

Equifax, Experian and TransUnion make most of their money selling bulk lists to banks and credit card companies. American Express, for example, could purchase a list of potential customers 25 to 30 years old with credit scores above 650.

How does Equifax work?

1. We compile your credit history based on your credit accounts, using your Social Security number or other identification information. 2. We provide your credit information, in the form of credit reports, to lenders and creditors to help them determine your creditworthiness.

How much does Equifax charge banks?

If you choose to get identity protection from Equifax, you'll choose between three different plans. There are the plans mentioned above (ID Patrol and Complete Premier), plus their Equifax Complete Family Plan....Price Snapshot for Equifax Monitoring.PlanPriceEquifax Complete Family Plan$19.95 / month2 more rows•Feb 16, 2022

Does Equifax sell your information?

We use and sell personal data to nonaffiliated third parties for the following commercial purposes: Consumer credit reporting. Some of our affiliates collect, use, and sell personal data when acting as a consumer reporting agency, as this activity is regulated by the FCRA.

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