August 1st, 2019

Equifax Data Breach Settlement Update ($125 Payout Much Lower)

Equifax Data Breach Settlement Update ($125 Payout Much Lower)Remember the Equifax Data Breach Settlement I posted about a few days ago? Well, they longer want you to choose the $125 cash option. FTC quietly removed the mention of it and replaced it with a question and answer that basically states millions of people have visited the website to claim their money and there just isn’t enough to go around. You apparently can still choose the cash option on the claim form, but “you will be disappointed with the amount you receive”.

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{ 4 comments… add one }
  • April Parrish August 1, 2019, 1:56 PM

    Will they still honor those who already filed and selected the $125 payout?

    • Ro August 3, 2019, 10:48 PM

      Yes, but you’re getting an amount based on how many people signed up. The more people sign up, the less you get.

  • Shaquiller Denise Grant August 1, 2019, 5:00 PM

    When will they decide on the settlement

    • Ro August 3, 2019, 10:49 PM

      It’s been decided but you won’t know the amount until you receive the check yourself.

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