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Home / Tips and Tricks / Equifax Data Protection Infringement: To claim an FTC settlement of $ 125

Equifax Data Protection Infringement: To claim an FTC settlement of $ 125



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If your personal information was revealed in 2017 Equifax Privacy Violation you can now file a lawsuit to recover money spent or lost. As part of the settlement, you can claim money you have spent to protect yourself from identity theft and credit monitoring following your breach of Equifax. And if you sign up for Credit Monitoring you can claim 1

25 USD to cover those expenses. Note that the FTC said this week that due to the overwhelming public response to the settlement the amount of cash you receive for coverage surveillance may be much less than $ 125 ,

The Equifax data breach resulted in hackers accessing personal information on the 147 million consumer credit reporting servers, including driver's license information, Social Security numbers, and birth dates.

The Federal Trade Commission and Equifax have reached an agreement last week that Equifax should pay at least $ 575 million and up to $ 700 million in compensation for those whose personal information is collected through the Violation of the Equifax server were affected. Under the Settlement, you may be eligible for reimbursement of the costs of recovering the breach – including all costs associated with the theft of your identity and freezing and freezing your account – and the reimbursement of unauthorized charges to your bank accounts. The agreement provides for payments of $ 20,000 per person.


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You can also file a claim to cover the cost of identity theft protection following your infringement of Equifax. You can submit multiple claims. If you are already registered for credit monitoring, you can instead submit a claim for $ 125.

To begin submitting a claim, verify that your information has been made available as part of the privacy breach. If your personal information was part of the hack, collect documents and files that support your claim and report your expenses and losses related to the hack. Finally, you submit your claim to be compensated for your losses and other expenses. You must submit an application by 22 January 2020. The FTC has indicated that fake comparison sites are found. Therefore, verify that you are using the genuine Equifax comparison site before you begin submitting your claim. Use the official online tool to check if you were involved in the Equifax injury.

2. Enter your last name and the last six digits of your social security number to see if your data was part of the hacking.

3. If you and your information were involved in the security breach, visit the Equifax security breach website to claim money back.

4. If you prefer not to use the site, you may have your request sent to you by post or by submitting an application form.

5. To complete your claim, select what services are available to you and collect the documents you need to substantiate your claim, including bank statements and credit card statements at unauthorized fees, costs for freezing and disbanding your account as well as fees that are paid to professionals such as accountants and lawyers help with theft.

How do I apply for a cash payment of $ 125?

If you've signed up for a credit monitoring service because of the breach, you can apply for cash payment of $ 125 . Use the same form to submit your claim. And requesting $ 125 does not prohibit you from claiming compensation for other expenses and financial losses.

The FTC warns, however, that due to the tremendous response to billing, the amount of money each person receives can be as much as $ 125, and instead recommends choosing 10-year free credit monitoring.


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