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Home / Business / Equifax Data Protection Infringement: So you're asking for $ 125 in the FTC agreement

Equifax Data Protection Infringement: So you're asking for $ 125 in the FTC agreement



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If your personal information was revealed in 2017 Equifax Privacy Violation you can now file a claim for reimbursement for lost or injured money. The Settlement allows you to claim money you have spent out of pocket to protect yourself from identity theft and credit monitoring following the Equifax violation. And if you sign up for credit monitoring, you can claim $ 1

25 to cover these costs.

Last week, the Federal Trade Commission and Equifax reached an agreement whereby Equifax should pay at least $ 575 million and more to compensate $ 700 million for those whose personal information was provided by 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.

Equifax's breach has resulted in hackers accessing personal information on the credit card servers of 147 million consumers, including driver's license information and birth dates.






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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 have until January 22, 2020 time to file a lawsuit.

How to file an action for the Equifax infringement action

1. 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 Violations Site 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 a cash payment of 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.


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