Equifax Agrees to Pay Up for Data Breach

But it may not be as good as it seems.

By:
Stefon Walters

|

July 29, 2019

In 2017, Equifax had a major data breach that exposed the personal information of 147 million people. If you're like a lot of people, you probably had no idea that this happened, and if you're like even more people, you had no idea that you were 1 of the 147 million.

Well, it's time to get what's rightfully yours. As part of the settlement, Equifax agreed to pay out $700 million – with $425 million going out to people who had their information exposed. If you qualify, you can either receive:

  • 6 years of free credit report monitoring from Equifax

 

or

  • $125 in a cash payment by either check or Visa card

Equifax also allows you to claim $25/hour you spent recovering from the breach. You can claim up to 10 hours with no documentation required, so take that how you wanna (🌚).

You can check to see if you qualify for the settlement here. If you do qualify, file your claim and collect your free credit reporting or coins today!

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