People in the United States sent notice that their information may have been impacted in the October 2025 700Credit data breach could claim a flat $50 in cash, or up to $2,500 in documented losses, from the $17.5 million 700Credit data breach settlement. Claims closed September 22, 2026, and the court granted final approval on October 9, 2026.
Current Status
Claims are closed. The deadline to file online or by mail was September 22, 2026, and the exclusion and objection deadline was September 8, 2026. Judge Robert J. White of the U.S. District Court for the Eastern District of Michigan granted final approval of the settlement on October 9, 2026, after the October 7 final approval hearing. The court overruled the three timely objections and one untimely objection, and 66 people opted out. No payment date had been announced as of October 10, 2026. Class members who filed a claim do not need to do anything else, and every class member can activate the two years of credit monitoring with the code on their notice.What Changed Recently
The claim period ended September 22, 2026. Notice went out to class members by email and postcard in July and August 2026, and the court moved the final approval hearing up from December 15, 2026 to October 7, 2026. The court held that hearing on October 7 and granted final approval on October 9, 2026; payments come after the time for appeals runs and the settlement takes effect.Free settlement alerts
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What Happened in the Breach
The class notice describes an incident 700Credit discovered on or about October 25, 2025, in which cybercriminals are alleged to have used compromised credentials to gain access to 700Credit's web application, 700Dealer.com, resulting in unauthorized access to or acquisition of class members' private information. The notice defines private information as personally identifiable information and private health information — some combination of names, addresses, dates of birth, and Social Security numbers, among other data. The incident has not been described as a ransomware attack.700Credit reported that about 5,836,521 people were affected. It began mailing breach notification letters to affected consumers the week of December 15, 2025, and offered credit monitoring at that time — a separate offer from the two years of monitoring under this settlement. 700Credit denies the legal claims and denies any wrongdoing or liability, and the notice states the court has not determined that 700Credit did anything wrong or violated any law. The parties settled to avoid the risk, cost, and time of continuing the case. As part of the settlement, 700Credit has already implemented additional security measures.
Who Is Covered
The settlement class is all living individuals residing in the United States who were sent a notice of the data incident indicating their private information may have been impacted. In practice, that means consumers whose information was run through 700Credit during a dealership credit or identity check — if you financed or applied for financing on a car, truck, RV, boat, or motorcycle in 2025, your credit pull may have gone through 700Credit even if you had never heard the company's name.The notice you were sent is what establishes eligibility: the settlement website states that to make a claim you must have received notice by email or postcard in July or August 2026. Excluded from the class are directors, officers, and agents of 700Credit and its subsidiaries and affiliated companies; governmental entities; the assigned judge, that judge's immediate family, and court staff; and anyone who validly opted out by September 8, 2026.
What You Can Claim
Class members choose one of two cash options from the $17.5 million fund. Cash Payment A reimburses documented losses from fraud or identity theft tied to the breach, up to $2,500 per class member. Cash Payment B is an alternate cash payment estimated at $50 that requires no loss documentation. You pick one, not both.Treat the $50 as an estimate, because the notice does. Both cash payments are subject to a pro rata increase or decrease depending on the total value of valid claims: if claims do not exhaust the net fund, payments go up; if claims exceed it, payments go down. The administrator pays credit monitoring first, then cash, with documented-loss claims taking priority over alternate cash — so the alternate payment is the figure most exposed to a reduction. The court is also being asked to approve attorneys' fees of up to one-third of the fund plus costs, and service awards of up to $3,000 each for the class representatives, all paid from the same fund.
One detail worth knowing before you pick: if you claim documented losses but do not submit adequate documentation, and you do not fix the claim when the administrator asks, the notice says your claim will be processed as the alternate cash payment instead of being rejected outright.
Credit monitoring is separate from all of this. Every class member was sent an activation code for two years of free credit monitoring on their settlement notice, and no claim form is required to get it. The code can only be activated after the court grants final approval — keep the notice until then.
What You Need to File
The claim period is closed; this section describes what the claim form required. The online claim form asked for the Unique ID and PIN printed on your email or postcard notice, so this settlement is proof-gated even if you take the no-documentation alternate cash option. If you never received a notice or no longer have it, use the contact page on the official settlement website to ask the administrator for your identifiers rather than guessing.If you are claiming documented losses, you also need supporting records — credit card statements, bank statements, invoices, telephone records, correspondence including emails, or receipts that connect the loss to the breach. The notice is explicit that self-prepared documents such as handwritten receipts, personal certifications, declarations, or affidavits do not count as reasonable documentation on their own; they can only add context to real records. You may redact unrelated transactions and all but the first and last four digits of any account number. Uploads must be under 20 MB per file.
Filing online does not save partway through, so gather everything before you start. After you submit, you get a confirmation email and code — keep both, since claims can be audited. A paper claim form can also be downloaded from the settlement website, printed, and mailed to the administrator with your documentation.
Deadlines
- Claim deadline: September 22, 2026 (now passed) — submitted online or postmarked by that date.
- Exclusion and objection deadline: September 8, 2026 (now passed).
- Final approval hearing: October 7, 2026, before Judge Robert J. White, E.D. Mich., Southern Division.
- Final approval granted: October 9, 2026 (final judgment and order, ECF No. 57).
What Happens Next
The court entered its final judgment and order granting final approval on October 9, 2026. The order awards class counsel one-third of the fund ($5,833,333) plus $107,710.27 in costs, and approves service awards of $3,000 for each class representative. Final approval alone does not release payments — the settlement takes effect only after the time for appeals runs, and any appeal would delay distribution. Under the approved plan, money left in the fund 20 days after the 180-day check-cashing period goes to the Judson Center, Inc. as the cy pres recipient. No payment date had been announced as of October 10, 2026. We will update this page when a distribution schedule is announced.Regardless of the settlement, it is reasonable to review your credit reports and consider a free credit freeze given that Social Security numbers were reported to be involved.
Frequently Asked Questions
What do I need to file a 700Credit claim?
The online claim form asks for the Unique ID and PIN printed on the email or postcard notice sent to class members in July or August 2026. If you never received a notice or no longer have it, use the contact page on the official settlement website to ask the administrator for your identifiers. If you are claiming reimbursement of documented losses rather than the alternate cash payment, you also need supporting records such as credit card or bank statements, invoices, telephone records, correspondence, or receipts. Claims closed September 22, 2026.
Do I have to choose between the cash payment and the credit monitoring?
No. The choice is between the two cash options: Cash Payment A, reimbursement of up to $2,500 in documented losses, or Cash Payment B, an alternate cash payment estimated at $50. You cannot take both cash options. The two years of credit monitoring is separate — the notice states every class member was sent an activation code for it and no claim form is required. The code can only be activated after the court grants final approval.
Is the $50 payment guaranteed to be exactly $50?
No. The notice calls it an estimated amount and states that cash payments are subject to a pro rata increase or decrease depending on the total value of valid claims. The administrator pays credit monitoring first, then documented-loss claims, then alternate cash payments — so the alternate payment is the figure most likely to move. Attorneys' fees of up to one-third of the fund, costs, service awards, and administration costs also come out of the same $17.5 million. The final amount will not be known until after the claims period closes.
What if I claim documented losses but my documentation is not accepted?
According to the notice, if you do not submit reasonable documentation supporting a loss, or the administrator finds your claim invalid and you do not cure it, your claim form will be processed as if you had elected the alternate cash payment. Self-prepared documents — handwritten receipts, personal certifications, declarations, or affidavits you write yourself — do not count as reasonable documentation on their own, though they can be submitted to add context to real records.
What happens if I do nothing?
You get no cash payment and you are bound by the settlement, which means giving up the right to sue 700Credit over the released claims, which the court approved on October 9, 2026. You would still be able to activate the two years of credit monitoring using the code on your notice once the settlement is approved. The cash options required a claim form submitted online or postmarked by September 22, 2026, and that deadline has passed. The deadline to exclude yourself and keep your right to sue was September 8, 2026.
Who is affected by the 700Credit breach?
700Credit reported that about 5,836,521 people were affected. These are consumers whose information was pulled during a credit or identity check at auto, RV, boat, or motorcycle dealerships that use 700Credit's services. The company reported that exposed data could include names, addresses, dates of birth, and Social Security numbers.
Official Settlement Notice
Sources
- Official Settlement Website — 700Credit Data Breach Class Action Settlement
- Official Settlement Website — Frequently Asked Questions
- Official Settlement Website — Court Documents, including the order revising the final approval hearing date
- In re 700Credit Data Security Litigation, Case No. 25-cv-13747 (U.S. District Court, Eastern District of Michigan)
- Michigan Attorney General — Consumer Alert on the 700Credit Data Breach
