Has the Equifax Settlement been finalized?

Last July the Federal Trade Commission opened a claim process to distribute as much as $425 million to compensate the millions of victims of the Equifax data breach as part of the company’s $700 million settlement with the commission, which was finalized this week in U.S District Court in Georgia.Click to see full answer. In respect to this, has Equifax settlement been approved?Consumers must jump through some more hoops to get a cash payout from the huge Equifax data breach settlement. The Equifax settlement was announced July 22 and the official settlement website, www.equifaxbreachsettlement.com, started accepting claims July 25. The deadline to file a claim is Jan. 22, 2020.Furthermore, how do I check the status of my Equifax Settlement? You can also check the FTC’s Equifax Data Breach Settlement page and the official data breach settlement page for updates. And the FTC has a number you can call — (833) 759-2982 — for updates. On the official settlement site, you file a claim online. Thereof, what happened to the Equifax Settlement? In July, credit bureau Equifax agreed to pay nearly $700 million over its massive 2017 data breach. Under the terms of the settlement, affected consumers could potentially get up to $20,000 in reimbursement.Does Credit Karma count for Equifax Settlement? Choose credit monitoring instead. To begin with, you do indeed need credit monitoring. However, Credit Karma only monitors two of the three credit reporting agencies, TransUnion and Equifax, whereas the Equifax settlement offers four years of credit monitoring with all three major agencies, including Experian as well.