Snap Finance Data Breach Settlement: Is It Legit? Find Out

Did you receive the Snap Finance Data Breach Settlement email? It is not a scam. You received the mail because you filed a claim.

Snap Finance has agreed to fork out $1.8 million to settle claims about a data breach that went down in 2022. This breach got its hands on sensitive consumer info, which isn’t cool, to say the least.

Who Is Eligible Snap Finance Data Breach Settlement

The good news is that this settlement is designed to benefit people who shared their personal info with Snap Finance and got a letter from them back in December 2022. However, This letter was like a red flag, letting them know that their data might have been part of the breach, which happened between June 23 and Sept. 8, 2022.

The people behind the class-action lawsuit are saying that Snap Finance could have totally avoided this cyberattack and kept the data of more than 60,000 consumers safe.

How Much Is The Settlement

Snap Finance isn’t raising its hands in admission of guilt, but they’ve agreed to pay $1.8 million to put an end to this data breach class-action lawsuit.

Now, for people in the class, they will get up to $5,000 to cover different expenses related to the data breach. However, You’re also in line for two years of free credit monitoring services as part of this settlement.

How To File A Claim

If you eligible, fill out a valid claim form before the deadline on Jan. 16, 2024.

Click here to fill out a form

Conclusion

In conclusion, in re: Snap Finance Data Breach Litigation, Case No. 2:22-cv-00761-TS-JCB, is not a scam. Just like Ross Employees Class Action Lawsuit, This settlement is designed to benefit people who shared their personal info with Snap Finance.