Claim Your $125 Settlement from the 2017 Equifax Breach

In September of 2017, Equifax announced that it had experienced a data breach, which impacted the personal information of a staggering 147 million people! As the US Population was estimated to be 325 million in 2017, this represents almost half (45%) of the US!

Claim Your Equifax 2017 Data Breach $125 Cash Settlement

Claim Your Equifax 2017 Data Breach $125 Cash Settlement

A federal court is considering a proposed class action settlement, that, if approved by the Court, would resolve lawsuits brought by consumers after the data breach.

If your personal data was impacted by the brief, you may be eligible for a cash payment of $125. You may also be eligible for:

  • free credit monitoring
  • other cash payments depending on
    • your time spent
    • your losses
    • cost of credit / identity monitoring services
  • free identity restoration services for 7 years
Equifax Data Breach Settlement Options including $125 Cash Payment

Equifax Data Breach Settlement Options including $125 Cash Payment

 

It only takes 30 seconds to check your eligibility and see if your data was affected. The quick online search only requires 2 items (your last name and the last 6 digits of your Social Security number).

If you were affected, you can easily File a Claim online to request either:

  • Free Credit Monitoring
  • a $125 Cash Payment (either paid by check or prepaid card)

NOTE that this program is available to every person in your household who was affected — make sure to check the eligibility of each family member!!

The initial claims period deadline is 1/22/2020, so make sure to file a claim by the deadline in order to receive your settlement!

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Note that Equifax denies any wrongdoing, and no judgment or finding of wrongdoing has been made.

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As this affected over 147 million people, please share with friends, family, and associates so that they may also receive their Equifax settlement benefits!

46 Responses

  1. Anthony Hu says:

    Thanks for your post. It is very kind of you informing us this. I typed my information, last name and last 6 digits of my social security number, in the form. I was affected. I filled further form and reached section 2, cash payment/time spent. But I didn’t spent time trying to recover from fraud or identity theft caused by the data breach.

    At this moment, I don’t have document to support the time I spent on my case. I guess I could not continue my filing. Do you have any suggestions on this?

    It is kind of you sharing this useful information with us.

    • Alyce says:

      Hi Anthony, If you spent extra time or money to fight the impacts of the Equifax data breach, then it may be enough to just write and describe the time you spent, the actions that you took, and the total financial impact. Go ahead and fully fill out the extra compensation form to the best of your ability — it should guide you towards any additional documents that may be needed.

  2. Nate MC says:

    Thanks for writing this up. I just checked but thankfully my information wasn’t affected, but 140+ million people is a lot. I actually know a few people who were affected by this, so I’ll have to tell them they can file a claim. I’m going to share this post with as many people as I can. I bet there’s a ton of people who still have no clue there’s this settlement. 

    • Alyce says:

      HI Nate, The settlement was just announced so the word is still getting out. Thank you for sharing with your network — I bet that most of them will be happy to hear they could be eligible for $125 cash payment!

  3. Abayomi says:

    I really appreciate you for sharing this article,to claim the cash,It only takes 30 seconds to check your eligibility and see if your data was affected. The quick online search only requires 2 items (your last name and the last 6 digits of your Social Security number).I will take note of this statement for proper filling,wow! this is a good news,this information is great and you will surely move highly in online business.Thanks

  4. Gomer says:

    With that, I wonder if $125 is enough to cover the expenses or any damage someone incur from the said breech. And that’s just “a penny” compared to the amount of money lost by someone who was literally affected by the breech. In fact, in a person to person settlement, amounts are usually in several hundreds to thousands of dollars. The government should raise the amount to something fair and just.

    • Alyce says:

      Hi Gomer, You are right — the costs can be much higher when someone is affected by a personal data breach.

      The $125 is the minimum amount that people affected by the Equifax data breach can get. If someone had other costs or losses, then the form allows for them to document their activities and financial burdens and ask for up to $20,000 plus credit monitoring plus identity restoration services!

  5. Ibrahim says:

    Wow, this is a great article!  While this breach did not affect me directly, I see that it affected others who had no idea that they were entitled to this money.  It’s good to get on a platform and spread the information to the masses because normal people could be leaving money on the table and had no idea it was theirs.  

    I had someone contact me a few years ago saying that they could help me recover $2000 that was owed to me and I just needed to pay a little bit to hire them to do it.  I thought it was a hoax at first, so I looked it up in the city records and it was true.  

    But when I do research, I try to get it done for free.  

    It turned out that I could recover the money myself, and I didn’t need the aid of the person who contacted me, they are usually hired by people who don’t want to go through the process but it was really simple, I think they make it seem like it’s complicated when it’s not.  

    Anyway, thanks for providing this info, I hope it reaches more people!

    • Alyce says:

      Hi Ibrahim, people affected by the Equifax data breach do NOT need to pay anyone to help them file a claim for the $125 cash settlement. It’s a simple form that you can fill out online by yourself. 

      It’s good to hear that you were not personally affected by the data breach though!

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