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Settlement benefits for eligible out-of-pocket losses and time spent will begin issuing in mid-December 2022.

Your Equifax settlement payment won't be $125 because too many people wanted the money. Equifax started sending out payments to people affected by its massive 2017 data breach. But, as consumers quickly realized, the settlement payments are way less than the expected $125 per consumer.

Ing to the settlement terms, Equifax agreed to create a fund to offer clients free credit monitoring, identity theft protection, and cash payouts of up to $20,000 apiece to those impacted by the incident. The business must additionally pay court costs and fines from the government.

You can also confirm you are a Settlement Class Member, and eligible for benefits, by calling 1-855-604-1811 (Toll-Free). Excluded from the Settlement are: Officers and directors of Capital One and Amazon; The presiding judge and any judicial staff involved in the lawsuit; and.

Status of financial reimbursement You'll receive the payment in the form you requested when you filed your claim?check, PayPal transfer to your account, or prepaid card. For more details and to check your claim status, visit EquifaxBreachSettlement.com .

You'll receive the payment in the form you requested when you filed your claim?check, PayPal transfer to your account, or prepaid card. For more details and to check your claim status, visit EquifaxBreachSettlement.com .

Equifax Statement on Distribution of Benefits by the Court-Appointed Third-Party Settlement Claims Administrator. U.S. consumers who filed claims in the Equifax Data Breach Settlement and qualified for benefits began receiving settlement payments on December 19, 2022 from a court-appointed settlement administrator.

While consumers who sought up to $125 began receiving payments last week, the amount they end up getting will likely be far less, ing to the settlement administrator. On Twitter, users have reported receiving small payments, with amounts ranging from $2.64 or $5.21 to $21.06 and $40.44.

It's been one year since the settlement involving tens of millions of victims of the colossal Equifax data breach received final approval and the deadline passed for filing initial claims. There's still been no payout.

Although the time required for a settlement negotiation process to be finalized can vary considerably from case-to-case, once a settlement is reached a victim can generally expect to receive a settlement check in approximately six weeks.