If you asked Equifax for $125, you need to update your request

Illustration by Alex Castro / The Verge

If you requested money from Equifax for leaking your personal data, you’ll need to provide more information by October 15th. The Equifax settlement administrator sent an email with details over the weekend. It asks consumers to confirm that they’re actually signed up for credit monitoring, which is a prerequisite for requesting the money. If they can’t do that, they can amend their claim to request free credit monitoring. Otherwise, the claim will be denied.

Equifax settled with the Federal Trade Commission for up to $700 million in July, and it set aside $31 million for consumers who were affected by the breach. Consumers could request four years of monitoring or a $125 check. But because the total payout was fixed, the FTC soon warned…

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via The Verge – All Posts

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