How to navigate the Equifax data breach settlement offer

Those affected by Equifax data breach can now apply for compensation

"In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people". If you are, you're eligible for free credit monitoring or $125.

There is at long last a silver lining for the 144 million of us who had our personal data leaked in the big 2017 Equifax data breach: cash money.

You can submit a claim to receive 10 years of free credit monitoring or - if you're already using a service that provides credit monitoring when you apply - you can instead file for a $125 payment.

You can also file a claim to be reimbursed up to $20,000 for the costs associated with recovery from the breach, including money lost due to identity theft, according to CNET. You can do so at this website - just enter your surname and the last 6 digits of your social security number.

Keep in mind you'll have to provide some personal information as part of your claim. The good news here is that backing documents aren't required, and you could see compensation for time you spend trying to recover from identity theft (or avoid it in the first place) of $25 an hour (up a maximum of 10 hours - more than that and you will need documents backing up your additional time spent).

If you spent a lot of time dealing with the breach, you can get $25 per hour, up to 20 hours, according to the FTC.

The official website of the settlement is EquifaxBreachSettlement.com, and all relevant details can be found there. To protect yourself - whether you were caught in this breach or not - it's best to freeze your credit with all three major credit bureaus (the others are Experian and TransUnion).

Cuomo Says Mueller Testimony Could Be Productive
Mueller, a former Federal Bureau of Investigation director, is scheduled to testify before Congress Wednesday about his report. And the attorney general based on the report was easily able to find there was no obstruction, there's no nothing.

One of the main problems with the breach is that many of Equifax's customers may not have known they were an Equifax customer.

The claim processing won't begin until next year, so be prepared to wait a while before the reimbursement lands in your mailbox.

If you are now paying for monitoring and will be for six more months, begin gathering bills or receipts to substantiate your costs. Under the Fair and Accurate Credit Transactions Act of 2003, US citizens are able to receive one free credit report every year from each of the three credit bureaus-TransUnion, Experian and Equifax. You can also request these reports via mail by filling in this form on the FTC website and sending it to the address listed on the document.

What is the deadline for filing your claim?

Finally, victims are also eligible for seven years of free "assisted identity restoration services" to help them fix the effects of identity fraud and theft. If you have a paper trail, you can also claim expenses incurred in an effort to resolve the issue. If you want to be excluded from the settlement, you need to send a written request postmarked no later than November 19.

"If you can use other services, take the $125", says Lacey.

Related News:



Most liked

Trump signs "safe third country" asylum agreement with Guatemala
McAleenan dismissed those concerns, saying it was "risky" to paint Guatemala and Central America in general with a "broad brush". Meghan López of the International Rescue Committee in El Salvador said the agreement could leave people in danger.

Original DOOM games now available on Android and iOS
Putting that disc in will still prompt players to install all three 360 SKUs of the original games to their Xbox One hard drive. The three PlayStation Now August games from Bethesda are Doom 2016 , Wolfenstein: The New Order , and Fallout 4 .

Eagle with golf clubs? Altered seal at Donald Trump speech
As he appeared on stage, what appeared to be the presidential seal was projected behind him; however, the seal was doctored. The eagle in the fake seal has two heads, bearing a close resemblance to the bird featured on the Russian coat of arms .

Ashes 2019: Shane Warne endorses Ashes mentor Steve Waugh
The 25-year-old made his Test debut in Dubai last year after being called up in the absence of Smith and Warner. If another batsman was scoring big runs I would select them & have Joss keep.

Gallery Go automatically organizes, enhances offline photos
This is a new app created to let smartphone users with unreliable internet connections organize and edit their photos . Their current app, Google Photos , uses machine learning and the internet to organize your photos.

Iran poses loyalty test for ‘British Trump’ Johnson
Amir Hatami said Wednesday "if someone claims he should provide evidence", adding "none of our drones have been intercepted". The capture of the British-owned oil tanker came two weeks after British forces impounded an Iranian tanker near Gibraltar.

Trump Sues House Panel, New York to Protect Tax Returns
Under previous law, though, state tax returns were required to remain private with an exception for law enforcement. Previous efforts to obtain Trump's federal tax records through subpoena and other means have thus far failed.

Attorneys General Secure $600M In Equifax Settlement
Starting in 2020, all USA consumers can get six additional free credit reports per year for seven years from the Equifax website. Now, according to The Wall Street Journal , Equifax is nearing a deal to settle federal investigations into the breach.

'Fast & Furious 9′ Stuntman Injured, Production Halted | Fast and Furious
Mr Watts was reportedly filming a balcony scene when his safety wire snapped and he fell 30 feet (9 metres). A spokesperson for Universal Studios confirmed the news to The Hollywood Reporter .

MP Jo Swinson elected leader of the UK's Liberal Democrats party
Swinson said she was "delighted, honoured and over the moon, to stand before you as the leader of the Liberal Democrats ". When Swinson was first elected in 2015 she was regarded as the "baby of the house" as the youngest sitting MP.

Karnataka Speaker sets Tuesday evening deadline for floor test
One Congress member, Ramalinga Reddy, later retracted from his decision to resign, saying he would support the government. On Friday, the Assembly failed to meet the deadline set by Governor Vajubhai Vala to complete the trust vote.

Huawei Allegedly Built North Korea's 3G Network
Leaked documents cited by both news organizations reveal Huawei's secret operations that built North Korea's wireless network. Huawei has been on the limelight of the US Commerce Department secretly since 2016 over the sanctions in North Korea.

Volvo recalls 70,000 cars in the United Kingdom over fire risk
The recall involves a series of vehicles from model years 2014 through 2019, including the XC-90 and S-90. There have been no reports of injuries or accidents linked to the fault.

Liftoff! India Launches Ambitious Mission to Land at the Moon's South Pole
The orbiter, which has a mission life of a year, will take images of the lunar surface, and "sniff" the tenuous atmosphere. India has also announced its intention of sending a manned space mission by 2022, the leading American newspaper recalled.

Zinedine Zidane a 'disgrace' over Gareth Bale comments, says Welsh star's agent
Bale , like others during the opening weeks of last season, felt that Madrid were an even better team without Ronaldo in it. While far from being the only Blancos player to blame, Bale is by far the most unloved by the Bernabeu faithful.