![]() ![]() Hearing on final approval of the settlement:.Deadline to object to or opt-out of the settlement:.Please take note of the following deadlines related to the Equifax data breach class settlement: Important deadlines for the Equifax data breach settlement The services are designed to help consumers who experience identity theft with the process of securing their identity and dealing with fraudulent credit transactions.įor more details about the settlement benefits, you can review the class notice. Whether or not they file a claim, all class members are eligible for identity restoration services provided by Experian for a period of 7 years. Consumers who don’t want to provide time records can receive up to $250 without documentation. The compensation for lost time, up to $500, includes time spent taking preventative measures (such as freezing a credit file or purchasing credit monitoring) or dealing with identity theft. The compensation for out-of-pocket losses and expenditures, up to $20,000, includes the cost of freezing and unfreezing a credit file, purchasing credit monitoring, or losing money to fraud or identity theft. Consumers who already purchased credit monitoring can apply for “alternative compensation” of $125 under the settlement. The credit monitoring services include at least 4 years of triple-bureau monitoring and an additional 6 years of monitoring for just the Equifax credit report. Up to $500 for time spent dealing with the breach.Up to $20,000 in compensation for documented out-of-pocket losses.At least 10 years of free credit monitoring (a value of $1,920).What are the settlement benefits for the Equifax data breach lawsuit?Ĭonsumers who file a claim form can receive: Initially, Equifax announced that only 143 million consumers were affected, but it has since expanded that number after conducting further investigation. consumers identified by Equifax whose personal information was compromised as a result of the cyberattack and data breach announced by Equifax Inc. The settlement defines the settlement class to include: Under the proposed settlement, the settlement class includes all consumers whose information was impacted by the data breach. ![]() Show More Who can receive benefits under the Equifax class action settlement? ![]()
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