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STUEVE SIEGEL HANSON LLP Consumer Reports explains how to file your claim in the Equifax data breach settlement. var alS = 2002 % 1000; However, you would need to contact all three of the credit reporting firms to cover all your bases. Before sharing sensitive information, make sure youre on a federal government site. Why were alternative compensation and time spent claims reduced and will additional Settlement payments be made? The most recent version of the lawsuit, which describes the specific legal claims alleged by the Plaintiffs, is available here. You are a Settlement Class Member if you are among the approximately 147million U.S. consumers identified by Equifax whose personal information was impacted by the Equifax Data Breach. "This is the last step," said John Ulzheimer, a credit expert and president of The Ulzheimer Group. Heres what you need to know about these calls. Certain claims for Time Spent may also be made during the Extended Claims Period, up to a total cap of Time Spent during the Initial and Extended Claims Periodsof $38 million in claims. You are qualified for a total of 18 years of free credit monitoring if you were minor in May 2017. Find the resources you need to understand how consumer protection law impacts your business. var lo = new MutationObserver(window.ezaslEvent); The settlement administrator has begun sending out payments for out-of-pocket losses, time spent claims, and other cash benefits. Equifax Data Breach Settlement Associate Director, Division of Consumer and Business Education, FTC. If you are a Class Member, the deadline to file Initial Claims Period claim (s) for free credit monitoring or up to $125 cash payment and other cash reimbursement passed on January 22, 2020. If you were a little too jolly with your holiday spending, here are some tips to help you pay down your credit card debt. To claim Alternative Reimbursement Compensation you must have certified that you have some form of credit monitoring or protection services on the date you submitted your claim form, named the provider of those services, and certified that you will keep those services for a minimum of six (6) months. Equifax Data Breach occurred five years ago. We work to advance government policies that protect consumers and promote competition. Data is a real-time snapshot *Data is delayed at least 15 minutes. Stay up to date with what you want to know. If you filed a claim, keep an eye out for your payment. Whether you filed a claim for a cash payment or free credit-monitoring or neither it's worth protecting your credit from criminals trying to use your personal information. People expecting a payday over the 2017 Equifax data breach got their checks and a unfortunate surprise this week. We have processed your claim and determined that you are eligible for a Settlement payment. You may also seek advice and guidance from your own private lawyer at your own expense, if you wish to do so. ins.className = 'adsbygoogle ezasloaded'; 2023 CNBC LLC. "These consumer payments are being drawn from the $425 million restitution fund that was agreed to by the Federal Trade Commission, the Consumer Financial Protection Bureau, 50 U.S. states and territories, the attorneys representing the consumer class action plaintiffs, and Equifax," a statement from Equifax released Monday said.