re: Free $125. Takes 30 seconds, not a scam

You get either $125 OR 4 years credit monitoring.

You can also make a claim for money over $125 but you need some kind of documentation if you go that route.

But if you were part of the breach you can have the $125. However, if you take the $125 you probably sign away any future right to make a claim should some crook try and jack you up.

quote:

---

put my name in and it said I was affected, but when I went ot hte next screen it said you can get $125 if you dont' already have credit monitoring. That gave me pause so I just exited out...am I understanding that correctly that if I don't currently have monitoring they won't send a check?

---

I just opted for the credit monitoring instead of the money. I have a hard time believing they're going to send out $125 checks without asking for more information on previous credit monitoring.

Plus, the Equifax settlement values the credit monitoring and ID protection at $1,920 over 10 years.

quote:

---

I just opted for the credit monitoring instead of the money. I have a hard time believing they're going to send out $125 checks without asking for more information on previous credit monitoring.

Plus, the Equifax settlement values the credit monitoring and ID protection at $1,920 over 10 years.

---

The value of credit monitoring Equifax is giving you is absurd. If you have any unsecured credit facility, you have credit monitoring. Take the money. I have a hatred for these credit companies that's rivaled only by the I R S.

Filled mine out the other day.

I already had credit monitoring through either a credit card of mine or another data breach.

In any case, it definitely took me at least 10 hours over several months to change my financial account info and ensure no new credit popped up etc... No more than 10 hours though

$125 is an extremely small penance for the ineptitude Equifax displayed and the damage done by the hack.

quote:

---

I put my name in and it said I was affected, but when I went ot hte next screen it said you can get $125 if you dont' already have credit monitoring. That gave me pause so I just exited out...am I understanding that correctly that if I don't currently have monitoring they won't send a check?

---

My Discover card comes with credit monitoring
I think my Capital One Checking account does as well but I get monthly emails from Discover saying nothing odd has shown up
I haven’t read through it all yet but I’m guessing it doesn’t have to be paid credit monitoring

quote:

---

Examples of Supporting Documentation
×
Costs, expenses, losses due to identity theft
Account statement with unauthorized charges highlighted; police reports; IRS documents; FTC Identity Theft Reports; letters refusing to refund you for fraudulent charges

Costs for freezing or unfreezing your credit report on or after 9/7/2017
Receipts, notices, or account statements reflecting payment for a credit freeze

Credit monitoring purchased after the data breach
Receipts or statements for credit monitoring services

Professional fees paid to address identity theft
Receipts, bills, and invoices from accountants, lawyers, or others

Other expenses such as notary, fax, postage, copying, mileage, and long-distance telephone charges
Phone bills, receipts, detailed list of places you traveled (i.e. police station, IRS office), reason why you traveled there (i.e. police report or letter from IRS re: falsified tax return) and number of miles you traveled

---

you need this

quote:

---

Bad news gents... The money allocated to the $125 option is a firm $31,000,000. That means 248,000 claims. Once the claims go over that amount, the funds will be distributed pro rata. I've got a strong suspicion the claims will go over that amount for that option.

---

RA'd this thread to be removed. I dont want anyone else finding out about this so that I get my monies

everyone keep your mouth shut!

quote:

---

You better beat the criminal who has your info and will make a claim on your behalf.

---

Well hell when you put it that way...