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On Wednesday, July 24, 2019, people could begin filing Equifax claims for the recent data breach settlement, which included filing an Equifax breach settlement claim for a minor. In 2017, Equifax, one of the three largest credit reporting agencies in the world, announced they suffered a data breach. More than 148 million consumers’ identities had been stolen. A settlement was reached in the class-action lawsuit filed with a federal court. As a result, Equifax launched its claims process to help anyone who may have been a victim, including minors.

If you were a minor affected by the Equifax breach settlement but are now over 18-years-old, you must file your own claim and can do it online.

If the minor is still under 18-years old, a parent or legal guardian can make a claim for Credit Monitoring Services on the child’s behalf. However, it must be filed manually and sent out via direct mail. If you file an Equifax breach settlement claim for a minor, you must provide documentation to prove you are the parent or legal guardian of that minor.

Credit Monitoring Services will allow parents to receive alerts when certain personal data appears on suspicious websites, alerts when the Social Security number is associated with new names or addresses or the creation of a consumer report at one or more of the three nationwide Consumer Reporting Agencies. Finally, the minor will receive Identity Restoration Services if their identity is compromised.

The parent or legal guardian can elect to enroll the minor in one-bureau credit monitoring services provided by Equifax that would begin after the Credit Monitoring Services expire for a period of up to 14 years. According to the Equifax breach settlement page, a minor can receive monitoring services as follows: alerts when data elements like Social Security number submitted for monitoring appear on suspicious websites, including underground websites, a file is created, locked, and then monitored and for minors with an Equifax credit file, their credit file is locked and then monitored. The Experian Credit Monitoring Services and the optional one-bureau credit monitoring provided by Equifax together will cover 18 years.

The parent or legal guardian filing an Equifax breach settlement claim for a minor must opt for the minor to receive the one-bureau services when submitting a claim for the Credit Monitoring Services, and the parent or legal guardian will be sent instructions for how to enroll in the one-bureau monitoring before the Credit Monitoring Services expire. The cost of these services will be paid separately by Equifax, not out of the Consumer Restitution Fund.

Before finding out what support your minor may be eligible for while filing an Equifax breach settlement claim for a minor, it is important to know whether or not their information was affected. The website for consumers concerned about the Equifax data breach settlement has a button that will provide that information for you.

Enter your minor’s last name and the last six digits of their Social Security number, and the site will tell you whether or not their data was compromised.

If you discover that your minor’s personal identifiable information (PII) was compromised, your next step is to choose whether or not to participate in the class action suit. Your minor may be eligible for credit monitoring, identity restoration if their information was fraudulently used and a partial refund if they had already been an Equifax credit monitoring customer.

If you decide to file an Equifax breach settlement claim for a minor, you must do so by January 22, 2020. If you wish to state that your minor is not participating, the deadline is November 19, 2019.

The Identity Theft Resource Center recommends you consider all of your minor’s personal circumstances and how the breach and any subsequent identity crime issues impacted your minor before submitting a claim. While the process of recovering after an identity theft incident is costly in time, personal impacts and financial ramifications, filing without thinking through all the possibilities or having all the supporting documentation could short-change your minor’s identity hygiene in the long-run. Potential issues that may arise could include the inability to get financial aid for college, approval for a first apartment or being able to get a loan for a first car.

After determining what kind of Equifax breach claim you need to file for your minor, you can either claim free credit monitoring for up to ten years or a cash payment of $125 if you already have credit monitoring that includes the minor’s social security number – such as a family credit monitoring service.

While filing an Equifax breach settlement claim for a minor, it is important to organize your minor’s case with dated notes, receipts and a summary. The free ID Theft Help App provides an electronic case log feature to track the details of the case.

Depending on the state you live in, credit freezes were not free to all American consumers prior to September 2018. If you decided to pay to freeze your minor’s credit prior to 2018, you could be reimbursed those expenses. NOTE: if you want to submit a credit freeze for a minor now, it must also be done manually. It cannot be done online.

Due to the breach occurring in May 2017, your minor could be reimbursed for costs, expenses or losses due to identity theft even though the breach was announced in September 2017.

Your minor is eligible for identity theft restoration services for the next seven years, regardless of if you decide you do not want them to take part in the class-action suit.

Whether or not your minor takes part in the suit, it is a good idea to place a freeze on their credit report. Remember, you can only do this manually with a minor. You cannot place a freeze online.

All of the documents, dates, claims process and FAQs can be found on the website that has been built to support Equifax claim. If you are not sure if your minor’s information has been affected, visit EquifaxBreachSettlement.Com.

If you are a victim of identity theft in need of assistance, you can receive free remediation services from ITRC. Call one of our expert advisors toll-free at 888.400.5530 or LiveChat with us. For on-the-go assistance, check out the free ID Theft Help App from ITRC.


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By Eva Velasquez, CEO & President of Identity Theft Resource Center

The Equifax data breach of 2017, exposed the personal identifying information of over 148 million Americans. One Hundred Forty-Eight Million. To not be affected by, or know someone affected by the breach was nearly impossible. The data exposed was some of the most personal, like Social Security numbers, full credit histories, financial account information and names and addresses. The breach had a strong negative impact and broke consumers’ trust. Equifax – one of the three main credit reporting agencies (CRAs) – was widely regarded as a dependable company and a necessity to work with to be able to secure lines of credit. Americans gave them personal information in exchange for a necessary service, and Equifax failed to protect them.

Now, an Equifax data breach settlement has been reached in the case of the 2017 incident. The credit reporting agency will pay up to $700 million, the largest breach settlement to date. The funds will be split between paying civil penalties and compensating victims. While a large amount of dollars dedicated to Equifax’s efforts to correct their wrongs can be seen as a good thing, the way these dollars will be dispersed among the effected population is relatively unclear.

At least $300 million and up to $425 million of the settlement will go toward victim redress. This includes providing free credit monitoring, reimbursing victims who paid out of pocket to protect or recover their identity and offering identity recovery services. However, the weight will still be placed on the consumers. Victims will have to file a claim, a process that still has not been disclosed, to receive any of the compensation pool. For now, the Federal Trade Commission is recommending that victims save all physical evidence of efforts to secure their identity because of the Equifax data breach and sign up for email updates. Putting the burden of proof on the consumer, not the company responsible for the breach.

Many questions remain: What victims will qualify for reimbursement? How will victims provide accurate evidence of their efforts and misfortunes? Is this fund only for victims who purchased identity theft services? What is the option for victims who did not have the resources then or now to purchase paid services or avail themselves of free services like those Identity Theft Resource Center provides?

Read next: How to File an Equifax Claim for Data Breach Settlement

If all victims filed claims and funds were distributed equally to all 148 million people, each would receive fewer than $3.00 in funds or cost of assistance. This does not accurately reflect the true value of the data that was compromised. Additionally, while the free credit monitoring services offered can span up to 10 years – a large increase from the historical settlement of 1-2 years – identity theft has no expiration date. The threat of identity theft does not decrease as more time passes from the date of the breach. The victims are perhaps more vulnerable as time goes on and they become less diligent in reviewing potentially affected accounts. Personal identifying information can be used to commit identity theft or fraud no matter the date it was exposed. There is no timeline for identity theft, but there is a cap on how many years Equifax will provide free services to victims per the settlement.

The other $275 million of the settlement will be used to pay civil penalties – $175 million to 48 states, Washington D.C. and Puerto Rico and $100 million to the Consumer Financial Protection Bureau. We believe the best use of these dollars would be funding consumer assistance programs within these organizations to continue to help victims of this and other data breaches.

In addition to the monetary payout, the settlement also requires Equifax to comply with more rigorous security standards. While this is not as flashy as a large dollar amount, it is perhaps even more important. It is the industry saying we need to hold our companies more accountable for the privacy of consumers. These standards include regular audits, dedicated staff for security and third-party safeguards. While a step in the right direction, companies must remember the speed of which the industry changes. The best security standards by today’s measures might be the worst a year from now. We must continue to petition businesses to protect consumer privacy and urge consumers to take the necessary precautions to minimize their risk of identity theft and fraud.

If you are a victim of identity theft in need of assistance, you can receive free remediation services from ITRC. Call one of our expert advisors toll-free at 888.400.5530 or LiveChat with us.

If you are a member of the media and would like to contact ITRC regarding the Equifax breach, please email media@idtheftcenter.org.

For on-the-go assistance, check out the free ID Theft Help App from ITRC.


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