In July Equifax said it will hand over $300 million to cover free credit monitoring services for impacted consumers, $175 million to 48 states in the U.S, and $100 million in civil penalties to the Consumer Financial Protection Bureau (CFPB). “Factually, this settlement is so riddled with holes that consumers applying for “their share” will never see a penny, let alone $125.” “The FTC recently promoted their $500+ million dollar settlement with Equifax as a huge benefit to the public, touting that each affected consumer could receive up to $125,” according to the petition. The petition argues that even though Equifax made a hefty financial settlement with government officials over that breach, very little of that cash will trickle down to those who actually suffered because of it. PROTECT US and not corporate executives,” according to the petition, started by Charles Kokoska of Oneida, NY. “It’s time WE send a clear and powerful message - to Equifax, the FTC and Washington in general: DO YOUR JOB. The petition is in response to a settlement Equifax reached with federal and state investigations that could cost the company as much as $700 million. “Don’t let Equifax escape liability” is the title of the petition aimed at bringing proper justice to the customers of one of the world’s largest consumer credit reporting agencies after it exposed the data of almost 150 million customers. government and Equifax over the latter’s now-infamous 2017 data leak–so much so that more than 200,000 of them so far have signed a petition against the deal. You will need to enter your claim number, which you can find in the confirmation email you received when you originally filed the data breach claim form.Consumers are furious over what they view as an unfair settlement between the U.S. If you already filed a claim and would like to know the status of your Equifax class action claim you can visit the claim status check site below. How do I Check My Equifax Settlement Claim Status? You must file a claim by JanuelectronicallyĬlaim Form Website: Valid claims filed, the amount you receive may be a small percentage of your initial claim. Spent and alternative compensation of up to $125 likely will be substantially lowered and will beĭistributed on a proportional basis if the Settlement becomes effective. If you incurred out of pocket expenses or spent time resolving identity issues tied to the Equifax data breach between January 23, 2020Īnd Janu(the “Extended Claims Period”), you can file a claim.īased on the number of potentially valid claims that have been submitted to date, payments for time To be eligible, you must file a claim form for Out-of-Pocket Losses or Time Spent. The expected settlement payout date for class actions tends to be several months after the class action receives final approval from the court, and any appeals have been dismissed. Reimbursement for the claimed loss through other means. Or identity theft protection) incurred during the Extended Claims Period if you have not received Of money and time associated with freezing or unfreezing credit reports or purchasing credit monitoring If you were impacted by the Equifaxĭata breach, you may seek reimbursement for valid Out of Pocket losses or Time Spent (excluding losses Mail.Īside from the cash payment of up to $125 for being a class member. ForĪdditional security, Extended Claims Period claims for minors may only be sent by U.S. Monitoring or up to $125 cash payment and other cash reimbursement passed on January 22, 2020. Initial deadline to file Initial Claims Period claim(s) for free credit If you are a class member, the extended deadline to file claims has been moved to January 22, 2024. Services will be available for at least 7 years after January 11, 2022, which is the Settlement Effective Date for this open class action. Those that qualify will be eligible for at least 7 years of free assisted identity restoration services to help you remedy the effects of identity theft and fraud. Judgment or finding of wrongdoing was made.Įquifax is also offering Free Identity Restoration Services to those who have had their information impacted. Resolves lawsuits brought by consumers after the data breach. A federal court approved a class action Settlement that In September of 2017, Equifax announced it experienced a data breach, which impacted the personally identifiable information of approximately 147 million people. **This settlement is available for claimants with or without proof.** Share Claim Form Deadline: JanuEstimated Payout: $125.00 - $250.00 Proof required: No Method of payment: PayPal /
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