if you have already got credit score monitoring, you possibly can select to obtain $125.
For many who needed to spend money and time because of the breach, Equifax can present bigger sums, as much as $20,000.
In keeping with the FTC, these losses can embody unauthorized prices in your accounts, lawyer or accountant charges, the price of freezing or unfreezing your credit score report, or the price of credit score monitoring.
If you happen to can present documentation about your time spent grappling with the fallout of the info breach, you will get paid $25 per hour for as much as 20 hours of non-public time spent.
The deadline to exclude your self or decide out of the settlement course of is November 19, and all claims should be filed by January 22.
The information breach was the most important in historical past
Delicate info was uncovered, together with names, birthdates, driver’s license numbers, Social Safety numbers and addresses.
In keeping with the settlement, Equifax should pay between $300 million and $425 million to the folks whose information was uncovered and one other $275 million in civil penalties to 48 states, Washington, Puerto Rico and the Client Finance Safety Bureau.
“Firms that revenue from private info have an additional accountability to guard and safe that information,” FTC Chairman Joe Simons stated in a press release. “Equifax didn’t take primary steps which will have prevented the breach.”