Consumers who don’t want to provide time records can receive up to $250 without documentation. The compensation for lost time, up to $500, includes time spent taking preventative measures (such as freezing a credit file or purchasing credit monitoring) or dealing with identity theft.
The compensation for out-of-pocket losses and expenditures, up to $20,000, includes the cost of freezing and unfreezing a credit file, purchasing credit monitoring, or losing money to fraud or identity theft. Consumers who already purchased credit monitoring can apply for “alternative compensation” of $125 under the settlement. The credit monitoring services include at least 4 years of triple-bureau monitoring and an additional 6 years of monitoring for just the Equifax credit report. Up to $500 for time spent dealing with the breach.
Consumers who file a claim form can receive:
