Equifax is paying out as much as $700 million, with a minimum of $575 million, for the 2017 data breach that compromised the personal information of around 147 million people. The settlement is with the Federal Trade Commission, and you could benefit.
If you're eligible, you can either choose to receive up to 10 years of free credit monitoring from Equifax, Experian, and TransUnion, with $1,000,000 of identity theft insurance, or you can opt to get up to $125—depending on how many people file claims.
To determine if you're eligible, click here to enter your last name and the last six digits of your social security number. If you are eligible, unfortunately your information was compromised, but at least there could be some compensation coming your way.
Click the button to file a claim, then follow the directions. If you spent any money or time recovering from the breach, you could be entitled to more money. By accepting either settlement option, you're waiving your right to ever sue Equifax, but that right is also waived if you do nothing by January 20, 2020. So, you might as well get something out of it now.