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Equifax Settlement - You likely qualify for $125

MikeMcCasland

Team Texas F-T/R
Some of you may have seen in the news that Equifax reached a settlement for their unprecedented data breach some time back. It's time for all those put at risk to claim their settlement.

"In September of 2017, Equifax announced 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 breachIn September of 2017, Equifax announced 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"

For the majority of folks, this will mean $125 per individual who had data stolen (or free credit monitoring). You can qualify for additional money if your credit was actually harmed.


Figured I'd pass the link out for anyone who was interested; and yes, it's legitimate, this isn't a scam, and you probably do qualify. Takes about 2-3 minutes to file your claim.

https://www.ftc.gov/enforcement/cases-proceedings/refunds/equifax-data-breach-settlement

Payouts are sometime in the Jan 2020 time frame. Maybe now everyone can afford to try some A-tips on the house. ;)

And before anyone freaks out, this isn't a govt handout. Equifax is a publicly traded company who failed to safeguard your info, and they're paying a penalty as a result.
 
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Do you have to give them all your current info to perform the check?
That way they get a free update on you. Wheel goes round n round.

I had to give my last name and the last 6 on the SSN. Some people have reported not having to give anything off their SSN....so who knows.

It's important to note that this is done individually, so if you're married, it's like that both you and your spouse are eligible. Same can be said for any kids that would have had any open credit lines in 2017.

That said, you're giving it to a 3rd party who is prepping your claim. It's legit:
https://www.cnet.com/how-to/equifax...-claim-for-your-share-of-the-700m-settlement/

https://www.marketwatch.com/story/c...x-settlement-how-to-get-your-share-2019-07-22

https://www.forbes.com/sites/kateoflahertyuk/2019/07/25/are-you-eligible-for-a-20000-pay-out/

https://www.usatoday.com/story/mone...w-file-claim-125-credit-reporting/1822919001/
 
Having been one of the people hit by the breach and having to go through the bs to close out and replace cards, $125 isn't too bad. And, as was stated, I can buy more powder, brass etc or, pay for another year's membership to the range.
 
I had to give my last name and the last 6 on the SSN.
I just got a call saying my SS # will be invalid if I don't call them back. Seems that I had a problem in Texas? WTF??? (never been there) :rolleyes:
Anybody got that # to call? I hit the DELETE button before I wrote it down. ;)
And then there's the # to call and for $100.00 they'll boost you credit score.:rolleyes: Don't know how much past 840 I can go.:D
I guess $$$ will buy just about anything. Sure cant buy class or integrity.:)
I was thinking, credit score doesn't mean SQUAT if you're paying CASH anyway.
 
Having been one of the people hit by the breach and having to go through the bs to close out and replace cards, $125 isn't too bad. And, as was stated, I can buy more powder, brass etc or, pay for another year's membership to the range.
If you spent time protecting yourself or fixing problems caused by the breach you can claim more money at 25$ an hour for time spent.
 
It told me I had to get 6 mths monitoring before it would give money. If not, I had to choose the free monitoring ....

Wondering if this is a sales thing.
 
It told me I had to get 6 mths monitoring before it would give money. If not, I had to choose the free monitoring ....

Wondering if this is a sales thing.

That's very strange.... I wonder if it gives different options based on what state you reside in? For myself and lots of others, you selected between check/pre-paid debit card/credit monitoring.

It's definitely not a sales thing.
 
I just got a call saying my SS # will be invalid if I don't call them back. Seems that I had a problem in Texas? WTF??? (never been there) :rolleyes:
Anybody got that # to call? I hit the DELETE button before I wrote it down. ;)
And then there's the # to call and for $100.00 they'll boost you credit score.:rolleyes: Don't know how much past 840 I can go.:D
I guess $$$ will buy just about anything. Sure cant buy class or integrity.:)
I was thinking, credit score doesn't mean SQUAT if you're paying CASH anyway.

I got that SSA call over a dozen times one day. Had to block 3 or 4 phone numbers. Still had to delete the voicemails. Report those rat bastages to the FTC.

https://www.donotcall.gov/
 

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