Equifax Agrees to Pay Up for Data Breach

But it may not be as good as it seems.

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



  • $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!

Refinance Your Student Loans

In Case You Missed It

Debt-to-Income Ratio
Assets vs. Liabilities
Explaining Certificates of Deposit (CDs)
  • Fixed APR: 3.50% - 7.82%

  • Variable APR: 2.43% - 7.21%

  • Minimum credit score: Mid-600s

  • Fixed APR: 3.87% - 7.03%

  • Variable APR: 3.05% - 7.79%

  • Minimum Credit Score: Mid-to-High 600s

  • Fixed APR: 3.50% - 7.02%

  • Variable APR: 2.43% - 6.65%

  • Minimum Credit Score: Mid-600s

  • Finessin' Finances Twitter
  • Finessin' Finances Instagram
  • Finessin' Finances YouTube
  • Finessin' Finances Facebook