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Equifax Data Breach Settlement

Posted by Ryan D. Peterson | Jul 26, 2019 | 0 Comments

Man simulating Consumer protection advocate and attorney at Peterson Legal

Good news regarding the Equifax data breach from 2017 (I'm actually surprised I just typed that sentence). Equifax has agreed to a $700 million settlement, and it's actually pretty good. Any individual whose data was compromised has the ability to file a claim and receive either credit monitoring for the next 4 years or a cash payment of up to $125.00.

Anyone who believes they've been more substantially impacted by the breach (e.g. victim of identity theft, paid for credit monitoring) is eligible to add a claim for funds for time spent along with recoupment of out-of-pocket expenses.

The class action claim administrator has set up a website with additional information, which is also the place a person can file the claim. I'm also happy to answer any other questions.

About the Author

Ryan D. Peterson

Attorney Ryan D. Peterson Ryan D. Peterson is a former debt collection attorney turned consumer rights expert and advocate. After graduating from William Mitchell law school in 2008, Ryan opened his own criminal defense firm. In 2010 Ryan joined a Minneapolis-based debt collection firm. Ther...

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