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How to get your $125 from Equifax

Old 07-25-19, 02:49 PM
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Seattle Forrest
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How to get your $125 from Equifax

https://www.theverge.com/2019/7/25/8...sign-up-how-to
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Old 07-25-19, 04:31 PM
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Thanks for that link.

Apparently I was effected and did not know.
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Old 07-25-19, 08:15 PM
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Originally Posted by ahsposo View Post
Thanks for that link.

Apparently I was effected and did not know.

Me too. I was real reluctant to check before. Never know if you are on a hoax site.

I would forfeit my $125 if it meant putting this company out of business. I never once agreed to them having access to my data that I can recall.
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Old 07-25-19, 08:21 PM
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The form asks for some simple biographical information, like where you live and when you were born. From there you can request either a $125 check or pre-paid card, or free three-bureau credit monitoring. To claim the money, you need to already have credit monitoring and must have it for another six months after you file the claim.


Sounds like a scam. They get you hooked up for 3 free months and then they don't turn it off. No thanks. Haven't had a problem so far without monitoring.

And my guess is, if you take the deal you free them from any future lawsuits. I hope they get sued out of business.
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Old 07-27-19, 09:25 AM
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It's $31 million split among everybody signing up.

What each will get will likely be much smaller than $125.
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Old 07-28-19, 03:39 AM
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Hey, if they have all that freaking data on us, why is it WE have to go and ask, or submit MORE data?
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Old 07-28-19, 04:16 AM
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$125??? Just over 20 years ago I sent in 6 non-winning scratch tickets for the Money Game and got to go to the KOIN 6 studios in Portland and be in the audience pool that yielded the three contestants. The winning player was playing in proxy for a truck driver who was on the road and he won the top prize of $50,000 for that driver. As audience members the total prize pool was split among all the audience members, and we all received nearly $450 in addition to paid lodging and a meal prior to the show.

If nobody compromised my identity and whatnot and I got maybe $285+ more out of that, was it worth $125 or less?

PS Kept my mom's gas tank filled and bought clothes, food and a new Casio watch.
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Old 07-28-19, 07:00 AM
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Originally Posted by genec View Post
Hey, if they have all that freaking data on us, why is it WE have to go and ask, or submit MORE data?
This!
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Old 07-29-19, 11:14 AM
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Originally Posted by Seattle Forrest View Post
thanks for the link I was impacted and didn't know it.. I owe you a cuppa
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Old 07-31-19, 09:43 PM
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The agency said this month that it had reached a $700 million agreement with the credit reporting agency over a massive breach of private data in 2017. As part of the settlement, consumers whose data was compromised could request up to $125 or free credit monitoring services. The potential for a quick payout generated major interest, but only $31 million of the settlement was set aside for cash payouts, meaning each payout could be far smaller than $125, depending on how many people request one.
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Old 08-01-19, 09:01 AM
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Here is an article about why $125 might not actually be $125:

https://www.yahoo.com/news/ftc-warns...205308527.html
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Old 08-01-19, 09:13 AM
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Originally Posted by ahsposo View Post

Apparently I was effected and did not know.

...I come up negative on that website. No $125 for me.
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Old 08-01-19, 11:42 AM
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31 million for all victims, "millions" have stepped up to claim theirs. Might get a check for $10. Woot!
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Old 08-01-19, 01:16 PM
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As stated, my wife, A CPA stated that the actual settlement will be very small. According to the legal documents of the 150 million people affected, if only about 250,000 people filed they would get a full $125. If everybody files for the cash it will be about $8. they of course knew this when the settled on the amount so it was crap from the get go. If they guaranteed $125 for everybody effected they would have to pay a total of 188 million and then the fines and such on top of that. This way they are only paying some 32 million with the fines and such added. They saved boatloads of money with this "deal" and we the consumers again get shorted if we are ever effected by the breach!

crapola!
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Old 08-01-19, 01:19 PM
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Financial advisor types are advising to take the credit monitoring instead of the cash, as the cash will be much less than $125 and the market value of 4 years of credit monitoring is a few hundred.

(In anycase, Equifax has just pissed off millions more for setting expectations of a $125 payout.)
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Old 08-01-19, 01:33 PM
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Originally Posted by 3alarmer View Post
...I come up negative on that website. No $125 for me.
What, is The Soup Nazi from Seinfeld running this program? He could have just sent you to the back of the line.
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Old 08-01-19, 02:11 PM
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i remember getting a few dollars more than expected from the redbull suit. but i felt guilty about it after.
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