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Why do not you get the $ 125 from Equifax?



PORTLAND, Ore. – We have some bad news about your chances of receiving this 125-dollar check from the Equifax agreement.

The company has agreed to pay $ 700 million after a security breach in 2017 revealed the personal data of 147 million revealed people in 2017.

On the Equifax Data Breach Settlement page, you can see if You are affected by it.

As KGW reported for the first time last week, all affected consumers are eligible for free credit monitoring for up to 10 years.

If you already have credit monitoring, you can choose a cash option of $ 125.

However, according to the billing details, there is not enough money to pay all those affected by the violation.

Off The $ 700 million severance pay, $ 425 million for consumers, and $ 31

million for cash payments of $ 125 million.

That means that only 248,000 people have enough money to receive the full $ 125 million.

If all 147 million people submit claims, that is, each person would receive only 21 cents.

If you still want to submit a claim, it will only take a few minutes and you have until 22 January 2020 to submit your application.

RELATED: How can I get my money from the Equifax agreement?

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