Equifax will pay up to $700 million to settle investigations over its data breach

In September 2017, credit bureau Equifax announced that its systems had been breached. Between mid-May and the end of July 2017, the attackers gained unauthorized access to the personal information of about 147 million U.S. consumers. This information included people’s names, Social Security numbers, birth dates, addresses, and in some instances driver’s license number

Equifax has agreed to pay at least $575 million and up to $700 million to resolve consumer claims and multiple state and federal investigations stemming from the episode.

Consumers may file a claim up until January 22, 2020 and get up to $20,000, if they can prove damages.

Check whether your credit was impacted, file a claim, or read more about it here.

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