In September of 2017, the credit reporting company Equifax suffered what is now known as the major Equifax data breach which effected over 147 million consumers. The company has reached a global settlement with the FTC, which will grant $425 million for consumers affected by the data breach.
What Can You Claim
You can claim:
- Up to 10 years of free credit monitoring,
- Or if you already have credit monitoring (which you can get for free here) then you can claim $125. You can choose either a check or debit card.
- If you were a minor in May of 2017 then you can claim up to 18 years of free credit monitoring.
- You can also claim a cash payment of up to $20,000 for expenses you paid in result of the data breach. These expenses can include, The time you spent remedying fraud, identity theft, or other misuse of your personal information caused by the data breach, or purchasing credit monitoring or freezing credit reports, up to 20 total hours at $25 per hour, out-of-pocket losses resulting from the data breach, up to 25% of the cost of Equifax credit or identity monitoring products you paid for in the year before the data breach announcement.
How To Check If Your Eligible
You can check if you’re eligible for compensation on the Settlement Administration website: https://eligibility.equifaxbreachsettlement.com/en/eligibility
How To File A Claim
The easiest place to file a claim is on the Settlement Administration website:
You can also file a claim by filling out this form and mailing it to,
Equifax Data Breach Settlement Administrator
c/o JND Legal Administration
P.O. Box 91318
Seattle, WA 98111-9418
If you filing a claim for a minor then you need to do it by mailing in this form to the above address
Any questions or comments please enter them below.
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