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What Will The Equifax Settlement Get You?

While you can't file a claim yet, you CAN sign up for emails to keep you updated while the process is being sorted out.

Equifax compromised the data of 147 million people….. and now they're going to pay-- literally. The settlement with the government is $425 million. Sounds good. 

So -- how do you get your hands on the money? You file a claim. Now??? Nope. The claims process doesn't start until after court approval, so who knows when.

Equifax to pay up to $700M in data breach settlement

Stop Panicking, Start Preparing For Data Breaches

WHAT CAN YOU DO NOW?

*Sign up for Federal Trade Commission updates so you'll know when the claim portal even opens

*Get paperwork together: any receipts, invoices from freezing your credit report, fees you paid to an accountant or attorney, money you spend on unauthorized charges losses, credit monitoring, even postage or phone charges.

*Chronicle your time. Did you put in hours trying to fix the mess that came with the data breach? The settlement could pay you $25 for each hour up to 20 hours.

WHAT COULD YOU GET?

*Up to 10 years of free credit monitoring or $125 if you decide not to enroll because you already have credit monitoring

*$25 for every hour you spent fixing the issue (up to 20 hours)

*Up to $20,000 per person (that’s where that paperwork comes in handy!)

*6 Free Credit Reports a year

HOW THE MONEY WILL BE ISSUED

Check or an issued debit card