⚖️ Equifax Settlement: Update

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Sign Up to Receive Your Equifax Settlement Payment Electronically

The email below was sent out to anyone who filed for the class action lawsuit for Equifax. Very easy process to be able to change my selection from physical check to PayPal in order to receive the payout faster. If you missed this email, then this is the reason I’m posting this so that you can check your email and search for it. I hope this helps someone, thank you.

October 7, 2022

Your Claim Number: XXXXXXXXXX

Dear Frank XXXXXXXXXXXXXX:

You filed a claim in the Equifax Data Breach Settlement between July 22, 2019 and January 22, 2020. We have processed your claim and determined that you are eligible for a Settlement payment.

You chose to receive your Settlement payment via check. The Settlement Administrator can now offer you the ability to receive your payment electronically via PayPal or pre-paid card. If you would like to switch your payment selection to electronic payment via PayPal or pre-paid card rather than a physical check, please click here.

If you do not want to change your payment selection of check, you do not need to do anything. If we don’t hear from you by October 14, 2022, your payment will be sent to you by check.

If you also filed or file a claim between January 23, 2020 and January 20, 2024, and you are eligible for a Settlement payment, we will use your most recent payment choice to send you your Settlement payment.

This notice is from the Court-appointed Settlement Administrator (JND Legal Administration), not Equifax. Please do not contact Equifax with questions. You may contact JND by email at info@EquifaxBreachSettlement.com, by phone toll-free at 1-833-759-2982, or by mail at Equifax Data Breach Settlement, c/o JND Legal Administration, P.O. Box 91318, Seattle, WA 98111-9418.

In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people. The company has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, and 50 U.S. states and territories. The settlement includes up to $425 million to help people affected by the data breach.

The initial deadline to file a claim in the Equifax settlement was January 22, 2020.

After January 22, 2020, you can still file a claim for expenses you incur between January 23, 2020, and January 22, 2024, as a result of identity theft or fraud related to the breach, such as:

  • Losses from unauthorized charges to your accounts
  • Fees you paid to professionals, like accountants or attorneys, to help you recover from identity theft
  • Other expenses you incurred while recovering from identity theft, like notary fees, document shipping fees, postage, mileage, and phone charges.

You also can file a claim for the time you spent recovering from identity theft or fraud between January 23, 2020, and January 22, 2024. You can be compensated up to $25 per hour up to 20 hours. There are limited funds available so your claim may be reduced.

Key Dates

DateEvent
07/22/2019Preliminary Approval Date.  The Court entered an Order approving notice to the individuals who were impacted by the 2017 data breach, or “class members” in the lawsuit.
11/19/2019 (Passed)
 
Deadline to Exclude Yourself or Opt-Out of the Settlement.  The deadline to exclude yourself from the Settlement has passed.
11/19/2019 (Passed)Deadline to Object to the Settlement.  The deadline to object to the Settlement has passed. 
12/19/2019 (Approved)Final Approval Hearing.  This was the date of the Court’s final approval hearing where it considered whether to approve the Settlement.  Please note that no Settlement benefits will be distributed or available until the Settlement becomes effective.
1/22/2020 (Passed)Initial Claims Period Deadline.  This was the deadline for the Initial Claims Period.  You must have filed a claim by this deadline in order to receive the Free Credit Monitoring Services offered under the Settlement, or Alternative Reimbursement Compensation up to $125, and for any out-of-pocket losses or time spent before this deadline.
1/22/2024Extended Claims Period Deadline.  You must file a claim by this deadline in order to receive benefits for Out-of-Pocket Losses or Time Spent (excluding losses of money and time associated with freezing or unfreezing credit reports or purchasing credit monitoring or identity theft protection) that occur between January 23, 2020 and January 22, 2024.

Sources: ftc.gov, equifaxbreachsettlement.com