{"id":61623,"date":"2020-01-16T21:00:37","date_gmt":"2020-01-17T02:00:37","guid":{"rendered":"https:\/\/tjbdeals.com\/?p=61623"},"modified":"2020-01-16T21:54:43","modified_gmt":"2020-01-17T02:54:43","slug":"equifax-has-reached-a-settlement-with-the-ftc-for-their-data-breach-in-2017-heres-info-on-how-to-get-at-least-125-back","status":"publish","type":"post","link":"https:\/\/tjbdeals.com\/?p=61623","title":{"rendered":"Equifax Settlement Update: Get Up To $125 or Free Credit Monitoring Services; Deadline to File a Claim is January 22nd"},"content":{"rendered":"<p><span style=\"font-size: 12pt;\"><strong>Update 01\/10\/20:<\/strong> The deadline to file a claim is January 22nd. You must file a claim by this deadline in order to receive the Free Credit Monitoring Services offered under the settlement, or compensation of up to $125 + any out-of-pocket losses or time spent before this deadline.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"https:\/\/eligibility.equifaxbreachsettlement.com\/en\/Eligibility\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline; color: #0000ff;\"><strong>Check Your Eligibility Here<\/strong> <\/span><\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"https:\/\/www.equifaxbreachsettlement.com\/file-a-claim\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"color: #0000ff;\"><strong>File a Claim Online Here<\/strong><\/span><\/span><\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Many people recommend to opt out of this settlement because:<\/span><\/p>\n<ol>\n<li><span style=\"font-size: 12pt;\">You&#8217;re likely to receive much less than $125 and<br \/>\n<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">You keep the option of suing them in the future open should you find your information was used for identity theft or something else.<\/span><\/li>\n<\/ol>\n<hr \/>\n<p><span style=\"font-size: 12pt;\"><strong>Update 08\/01\/19:<\/strong> The FTC has updated the<a href=\"https:\/\/www.ftc.gov\/enforcement\/cases-proceedings\/refunds\/equifax-data-breach-settlement\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline; color: #0000ff;\"> Equifax Settlement Page<\/span><\/a> with this significant change:<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-61964\" src=\"https:\/\/tjbdeals.com\/wp-content\/uploads\/2019\/07\/Screen-Shot-2019-08-01-at-10.09.47-AM.png\" alt=\"\" width=\"699\" height=\"278\" srcset=\"https:\/\/tjbdeals.com\/wp-content\/uploads\/2019\/07\/Screen-Shot-2019-08-01-at-10.09.47-AM.png 699w, https:\/\/tjbdeals.com\/wp-content\/uploads\/2019\/07\/Screen-Shot-2019-08-01-at-10.09.47-AM-235x93.png 235w\" sizes=\"auto, (max-width: 699px) 100vw, 699px\" \/><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">When announced last week, the Equifax Settlement Page stated that all people affected by the breach would be able to request either <em>&#8220;Up to 10 years of free credit monitoring OR $125 if you decide not to enroll because you already have credit monitoring.&#8221; N<\/em>ow, they&#8217;re encouraging people to select the free credit monitoring because the monetary amount you would receive otherwise would be very &#8216;disappointing.&#8217;<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">If you&#8217;ve already put in a claim for the $125, the settlement administrator will reach out to you via email and give you the option to switch to the free credit monitoring.<\/span><\/p>\n<hr \/>\n<p><span style=\"color: #800080; font-size: 12pt;\"><em>Originally posted July 24, 2019<br \/>\n<\/em><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">In September of 2017, <a href=\"https:\/\/tjbdeals.com\/?p=31064\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline; color: #0000ff;\">Equifax announced<\/span><\/a> 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. The settlement includes up to $425 million to help people affected by the data breach. Each person affected will have the option of getting at least $125 back. The claims process will start after court approval.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"https:\/\/eligibility.equifaxbreachsettlement.com\/en\/eligibility\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline; color: #0000ff;\">Click Here To See If you&#8217;re Eligible &amp; File A Claim<\/span><\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong>People Affected By The Breach Will Be Able To Request The Following:<br \/>\n<\/strong><\/span><\/p>\n<ol>\n<li><span style=\"font-size: 12pt;\">Free Credit Monitoring and Identity Theft Protection Services<\/span>\n<ul>\n<li><span style=\"font-size: 12pt;\">Up to 10 years of free credit monitoring OR $125 if you decide not to enroll because you already have credit monitoring.<\/span><br \/>\n<span style=\"font-size: 12pt;\">The free credit monitoring includes:<\/span><\/p>\n<ol>\n<li><span style=\"font-size: 12pt;\">At least four years of free credit monitoring of your credit report at all three credit bureaus (Equifax, Experian, and TransUnion) and $1,000,000 of identity theft insurance.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">Up to six more years of free credit monitoring of your Equifax credit report.<\/span><\/li>\n<\/ol>\n<\/li>\n<li><span style=\"font-size: 12pt;\">If you were a minor in May 2017, you are eligible for a total of 18 years of free credit monitoring.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"font-size: 12pt;\">Cash Payments (capped at $20,000 per person)<\/span>\n<ul>\n<li><span style=\"font-size: 12pt;\">For expenses you paid as a result of the breach, like:<\/span>\n<ol>\n<li><span style=\"font-size: 12pt;\">Losses from unauthorized charges to your accounts<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">The cost of freezing or unfreezing your credit report<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">The cost of credit monitoring<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">Fees you paid to professionals like an accountant or attorney<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">Other expenses like notary fees, document shipping fees and postage, mileage, and phone charges<\/span><\/li>\n<\/ol>\n<\/li>\n<li><span style=\"font-size: 12pt;\">For the time you spent dealing with the breach. You can be compensated $25 per hour up to 20 hours.<\/span><\/li>\n<li><span style=\"font-size: 12pt;\">For the cost of Equifax credit monitoring and related services you had between September 7, 2016, and September 7, 2017, capped at 25 percent of the total amount you paid.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"font-size: 12pt;\">Free Help Recovering from Identity Theft<\/span>\n<ul>\n<li><span style=\"font-size: 12pt;\">For at least seven years, you can get free identity restoration services.<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span style=\"font-size: 12pt;\">Free Credit Reports for All U.S. Consumers<\/span>\n<ul>\n<li><span style=\"font-size: 12pt;\">Starting in 2020, all U.S. consumers can get 6 additional free credit reports per year for 7 years from the Equifax website.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Update 01\/10\/20: The deadline to file a claim is January 22nd. You must file a claim by this deadline in <a class=\"mh-excerpt-more\" href=\"https:\/\/tjbdeals.com\/?p=61623\" title=\"Equifax Settlement Update: Get Up To $125 or Free Credit Monitoring Services; Deadline to File a Claim is January 22nd\">&#8230;.. 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