The Court granted Plaintiffs' request for attorneys' fees and reimbursement of expenses in its Final Approval Order available for review here. Payout will start after this date. However, you can review your credit report for free andfreeze your credit. February 4, 2022 Lots of people recently got an email or letter about free credit monitoring through the Equifax settlement. 14. Understand who is gathering your data and what they plan to do with it. When you freeze your credit, lenders wont be able to access your credit information. Atlanta, GA 30309. Equifax Data Breach Settlement update released by the FTC. The Settlement Administrator provided you with an activation code and link to the Experian website where you couldenroll and activate your Credit Monitoring Services. These lawsuits are known as In re: Equifax Inc. You may review the Court's Final Approval Order and Final Order and Judgment by clicking here. Learn more at the FTCs official site for information: Remember that you dont have to pay for credit monitoring as part of this settlement, and nobody will call, text, or email out of the blue to ask you for your credit card or bank account numbers, or to help you get your free credit monitoring. I received an email regarding free, three-bureau (Equifax, Experian, and TransUnion) credit monitoring from Experian for four years. Equifax offers credit monitoring and fraud prevention services directly to individuals and provides businesses with demographic and credit data and services. Youve probably heard: this holiday season, it might be harder to find the gifts youre looking for. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 33. What is the compensation amount? Consumer data stored by Equifax and the two other major credit bureaus, Experian and TransUnion, is still subject to breaches five years later. Access your favorite topics in a personalized feed while you're on the go. So now, if you signed up for credit monitoring as part of that settlement, you can take a few steps to switch it on. If you have questions about the Settlement, or wish to receive a copy of the Settlement Agreement but do not have access to the Internet to download a copy online, you may contact the Settlement Administrator. Payout will start after this date. How to get compensation? I received an email that my Settlement payment was issued by pre-paid card. It is your choice whether to submit a comment. How much is the Equifax Settlement per person 2022? However, you can still make other claims for Time Spent or Out-of-Pocket Losses. That means there was only enough money at the start for 248,000 people to get the full $125 (If all 147 million Americans tried to get their money, each would have only gotten 21 cents).
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