Equifax Will Pay You Up To $20,000 For Its Data Breach. Here's How to Claim Yours.

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Equifax has been ordered to pay $700 million in individual compensation and civil penalties for the 2017 Equifax Data Breach that affected 147 million Americans.

If you already have credit monitoring, you can choose to receive $125 and for those who had to spend time and money as a result of the breach, Equifax will have to pay up to $20,000.

According to the FTC, those losses can include unauthorized charges on your accounts, attorney or accountant fees, the cost of freezing or unfreezing your credit report, or the cost of credit monitoring.

If you can provide documentation about your time spent due to the data breach, you can get paid $25 per hour for up to 20 hours of personal time spent.

In order to file a claim, follow the directions here:

  1. Click here to check your availability
  2. Click here to file a claim

Note: The deadline to to exclude or opt out of the settlement process is November 19 and all claims need to be filed by January 22.

Posted: July 26, 2019 at 3:30 pm
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