The Equifax Data Breach Settlement – What You Need to Know

In September 2017, Equifax announced a data breach that exposed the personal information of approximately 147 million people. The company has agreed to a global settlement with the Federal Trade Commission and the Consumer Financial Protection Bureau, which includes up to $425 million to help consumers affected by the data breach.

If your data was impacted by the Equifax data breach of 2017, you could be eligible for free services or compensation:

You may be eligible to receive the following:

  • Free credit monitoring and identity theft protection services
  • Cash payments (capped at $20,000 per person)
  • Free help recovering from identity theft
  • Free credit reports for all U.S. consumers for seven years

The deadline to file a claim is January 22, 2020.

 

You can learn more about the settlement and how to file a claim by visiting Federal Trade Commission website.

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