If you bought a car, RV, boat, or motorcycle and went through a dealership credit check, your information may have been caught up in the 700Credit breach — and a proposed settlement is now in the pipeline.
What Is This About?
700Credit LLC, a Michigan company that provides credit reports, soft credit pulls, and identity-verification services to more than 20,000 auto, RV, boat, and motorcycle dealerships, has agreed to a proposed $17.5 million settlement to resolve class action claims over a 2025 data breach. A federal judge granted preliminary approval on June 4, 2026, and a final approval hearing is scheduled for December 15, 2026. The consolidated case is In re 700Credit Data Security Incident Litigation, Case No. 2:25-cv-13747, in the U.S. District Court for the Eastern District of Michigan.Because the settlement is not yet final and no claim site has launched, there is nothing to file right now. We are publishing this early so class members know what to watch for — and so no one falls for a lookalike site collecting "claims" before the court-approved administrator is named.
What Happened in the Breach
700Credit has reported that a threat actor gained unauthorized access to consumer data through one of its integration partners in 2025. According to the company and to state notifications, the intruder found a way to pull customer information and copied records tied to dealership credit checks. 700Credit says it detected the suspicious activity on October 25, 2025, and the compromised records covered data collected through dealers over roughly May through October 2025. The incident has not been described as a ransomware attack.700Credit reported that about 5,836,521 people were affected. The company has said the information involved could include names, addresses, dates of birth, and Social Security numbers. It began mailing notification letters to affected consumers the week of December 15, 2025, and offered credit monitoring at that time — separate from the two-year monitoring proposed in the settlement.
Who Is Covered
The people covered are consumers whose personal information was pulled through 700Credit during a dealership transaction. If you financed or applied for financing on a vehicle — car, truck, RV, boat, or motorcycle — at a dealership in 2025, your credit check may have run through 700Credit even if you had never heard the company's name. The final class definition will be set out in the court-approved class notice.What the Settlement Would Pay
Under the terms reported so far, the $17.5 million fund would provide eligible class members a choice of a pro-rata cash payment (reported at around $50, which can move up or down depending on how many people file) or reimbursement of up to $2,500 for documented out-of-pocket losses tied to the breach, plus two years of credit monitoring. These figures come from early reporting and court filings; the exact benefit amounts, the claim process, and any required identifier will be spelled out in the official class notice if the court grants final approval on December 15, 2026.What to Do Now
There is no claim form yet, so there is nothing to submit today. If you received a 700Credit breach notice, keep it — it may contain a code you will need to file once a claim portal opens. In the meantime, it is reasonable to review your credit reports and consider a free credit freeze, especially given that Social Security numbers were reported to be involved. We will update this page with the official settlement website, benefit details, and the claim deadline once the administrator is named and the portal launches.Frequently Asked Questions
What is the 700Credit data breach settlement?
700Credit LLC has agreed to a proposed $17.5 million settlement to resolve consolidated class action claims over a 2025 data breach that affected about 5.8 million people who went through a dealership credit check. A federal judge granted preliminary approval on June 4, 2026, and a final approval hearing is scheduled for December 15, 2026. The case is In re 700Credit Data Security Incident Litigation, Case No. 2:25-cv-13747 (E.D. Mich.).
Can I file a claim yet?
Not yet. As of now there is no official settlement website or claim form, and no claim deadline has been announced. The settlement still needs final court approval at the December 15, 2026 hearing. If it is approved, class members are expected to be notified and a claim portal is expected to launch. Be cautious of any site claiming to take 700Credit claims before the official administrator is named.
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.
What would the settlement pay?
Under the proposed terms reported so far, eligible class members could claim a pro-rata cash payment (reported at around $50, which can adjust up or down based on the number of claims), or up to $2,500 in reimbursement for documented out-of-pocket losses, plus two years of credit monitoring. The exact benefits and how to claim them will be set out in the official class notice if the settlement receives final approval.
Sources
- In re 700Credit Data Security Incident Litigation, Case No. 2:25-cv-13747 (U.S. District Court, Eastern District of Michigan)
- Michigan Attorney General — Consumer Alert on the 700Credit Data Breach
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