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That said, it’s likely that the payments are based on the amount of time spent documenting individual losses or explaining the impact of the breach. When Equifax agreed to settle all claims related to the breach, those eligible were to be reimbursed for the time they spent remedying identity theft or misuse of personal information as a result of the breach. Why is there a difference in settlement payments? People who are yet to file a claim can still do so on the official site. Some users even confirmed receiving an amount of $27.84 or $167.04 as part of the TikTok ‘Data Privacy Settlement’.Īlthough, the initial deadline to file a claim in the Equifax settlement was January 22, 2020. Moreover, we witnessed a similar case with the social media platform TikTok a little while ago. “Equifax Breach Settlement Fund has sent you $5.21 USD.” Finally, I can retire.ĭespite all the criticism and jokes, it is pretty clear that the Equifax breach settlement is indeed real. On the contrary, there are also some people who are mocking the entire situation by simply laughing it off. Owing to this, they feel that it is quite ridiculous for them to receive an almost negligible amount after years of waiting. The angst is understandable as it compromised the private and confidential information of numerous consumers. Some also can’t fathom the fact that they just got a nominal amount as part of their settlement. My Equifax Breach Settlement check was $17.61! A lot of y’all only got $5.21. SourceĪfter waiting for like 3 yrs and re-filing claims for this Equifax breach and I got $5.21. The fact that a lot of them received a mere sum of $17.61 or even $40 is also quite absurd. Source (Click/tap to view)Īccording to reports on Twitter, several people noticed that an amount of $5.21, $22.82, or $17.61 has been credited to their accounts as part of the Equifax breach settlement ( 1, 2, 3, 4, 5, 6, 7, 8).īut the difference in the settlement payments has surely created a lot of confusion among them. Equifax data breach settlementĬonsumers who filed claims in the Equifax Data Breach Settlement and qualified for the same recently began receiving settlement payments ( 1, 2, 3, 4). It seems that affected consumers are finally getting compensated for the same starting mid-December 2022. Consequently, it impacted the personal information of approximately 147 million people. That’s exactly what happened when a consumer credit bureau, Equifax was held liable for the data breach. Needless to say, it applies to the theft of personal information too.

You are entitled to be compensated if you’ve ever been robbed of something.