Equifax Data Breach: Time running out to file a claim

The deadline to submit a claim for those impacted by the Equifax data breach is Jan. 22, 2020.

In September of 2017, Equifax announced a data breach that impacted 147 million consumers.  While many media channels have promoted details regarding this breach, many consumers are still unaware if they have been impacted.  The key today is to act quickly. 

Visit the Federal Trade Commission to learn more about this breach and to see how you can assess if you have been impacted or not.  If your information has been compromised, you have until January 22, 2020 to file a claim with the Equifax Breach Settlement.  This settlement is offering a variety of resources, including:

  • Free Credit Monitoring Cash Payment
  • Reimbursement for Your Time and Other Cash Payments
  • Free Identity Restoration Services
  • Free Credit Reports (from Equifax) for all U.S. Consumers

Lastly, use caution.  As with many high-profile issues there often comes scams.  Be on the lookout for Equifax Data Breach fake settlement websites.

If you haven’t been a victim of the Equifax Data Breach, but are still wanting information on how you can protect your identity, consider the following:

  • Obtain your free Credit Reports annually from Equifax, Trans Union and Experian at: annualcreditreport.com
  • Dispute any incorrect information on your Credit Reports
  • Shred any personal information before disposal
  • Thoroughly review all bank and credit statements monthly
  • Report Identity Theft immediately at the Federal Trade Commission

For additional money management resources visit Michigan State University ExtensionMichigan State University Extension offers financial literacy and homeownership workshops throughout the year to help you become financially healthy. For more information of classes in your area, please visit either the MSU Extension events page or MI Money Health website.

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