Equifax data breach: How to file your claim

Equifax has agreed to pay $671 million in settlement funds after an extensive data breach in 2017. Of the $671 million payout, $425 million is to compensate the 147 million affected victims.

“The consumer fund of up to $425 million that we are announcing today reinforces our commitment to putting consumers first and safeguarding their data – and reflects the seriousness with which we take this matter,” said Equifax’s CEO Mark Begor.

CBS News business analyst Jill Schlesinger discusses how to know if you’re eligible to receive compensation here. Visit CNBC’s step-by-step guide for directions on filing your claim.

– Heaven Rubin, CoreMessage, Inc.