Equifax has agreed to a proposed settlement of the lawsuits resulting from the 2017 data breach that affected 147 million Americans. Here’s the Equifax Data Breach Settlement website, where you can find out if your information, such as your name, address, Social Security number, and even your driver’s license number, was affected by the breach. If it was, you're eligible to file a claim, which entitles you to free credit monitoring or, if you already monitor your credit, a cash payment of $125. You may also be eligible for compensation including other cash payments to compensate you for the time you spent investigating or fixing your credit, your out-of-pocket expenses, up to 25% of the cost of Equifax credit or identity-monitoring products you paid for in the year before the breach was announced, and free identity restoration services for at least seven years.
I strongly encourage you to see if your information was affected by the breach and if so, to file a claim against Equifax for whatever compensation you're entitled to receive under the settlement. Here's an article from the Washington Post that also explains the details of the settlement.
This is also a reminder that you should request your credit reports from the three main credit-reporting agencies, Equifax, Experian, and TransUnion, and review them for accuracy. You can obtain your reports at no cost through www.annualcreditreport.com. The number and types of errors that the credit-reporting agencies, as well as the entities that furnish information to them, such as retailers, banks, credit card companies, etc., can make are endless. If your credit report contains an error, you may have a claim under the Fair Credit Reporting Act.
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If you have any questions about your credit reports or whether you have a claim under the FCRA, or any other consumer-related issue, please call me at (304) 769-6058, email me at firstname.lastname@example.org, or fill out the contact form on this site. I serve clients in Morgantown, Wheeling, Martinsburg, and nearby areas of West Virginia. I look forward to hearing from you.