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re: Guess i shouldnt have mentioned the 125 payment on Equifax Settlement

Posted on 8/1/19 at 9:02 am to
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 8/1/19 at 9:02 am to
AOC was limping it as well to her thousands of follows, everyone is going to be disappointed on their 0.16 cent check
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 8/1/19 at 9:06 am to
quote:

To everyone who applied for the $125, you are what is wrong with America. You compromised your morals and sold your dignity for a “free” $125. Now, you are getting a fraction of that. How’s it feel? Go wait in line for your government cheese while posting online about welfare queens and food stamp abuse. The lawyers love you.


They lost sensitive financial information about 147 million people. I question wether or not they should even be allowed to continue doing business if they are that careless.

Yet you think they don't owe us a meesly $125 for failing so terribly? Frick you moron. The people who applied for the $125 were told by Equifax that their data was lost.

You are acting as if the people that applied weren't effected. In that case you would have an argument.
Posted by buckeye_vol
Member since Jul 2014
35406 posts
Posted on 8/1/19 at 9:14 am to
quote:

Most "credit monitoring" is at a single bureau.
Credit Karma provides data from 2 of the agencies, and that’s free.
Posted by TH03
Mogadishu
Member since Dec 2008
172004 posts
Posted on 8/1/19 at 9:23 am to
quote:

147 million people.


To add to this, there are 327 million people in the US. Census estimates for 2017 say 252 million of that 327 million are adults.

That means nearly 60% of the US population over the age of 18 had their data breeched. If you're in a group of 5 people, 3 had their data breached. That's insane.

Posted by Codythetiger
Arkansas
Member since Nov 2006
30480 posts
Posted on 8/1/19 at 9:25 am to
Hold on

So they settled on a 700 million claim but only set aside 31?

where did the other 670 million go??
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 8/1/19 at 9:26 am to
quote:

They lost sensitive financial information about 147 million people. I question wether or not they should even be allowed to continue doing business if they are that careless.


Add in that not one person consented to them having said info and my opinion is no, they should no longer be allowed to exist as an example going forward.
Posted by MoarKilometers
Member since Apr 2015
21402 posts
Posted on 8/1/19 at 9:49 am to
quote:

To everyone who applied for the $125, you are what is wrong with America. You compromised your morals and sold your dignity for a “free” $125. Now, you are getting a fraction of that. How’s it feel? Go wait in line for your government cheese while posting online about welfare queens and food stamp abuse. The lawyers love you.

100% sure the problem here is some organization got my info, was supposed to keep it secure, did not keep secure. They were compromised, not me.
Posted by ragincajun77
Member since Jul 2019
911 posts
Posted on 8/1/19 at 9:58 am to
Someone needs to do something useful and hack Sallie Mae.....
Posted by Bedhog
Denham Springs
Member since Apr 2019
3741 posts
Posted on 8/1/19 at 10:01 am to
quote:

where did the other 670 million go??


you really asking this question?
Posted by KamaCausey_LSU
Member since Apr 2013
17836 posts
Posted on 8/1/19 at 12:47 pm to
quote:

My information was stolen so I was given options to choose from. I selected the payment option. You are what is wrong by posting.

Unfortunately so did everyone else. Basically it looks like instead of $125, everyone that chooses this will get a percentage of $31 million. The FTC website said they already had over a million sign up in the first week. I guess I'll have to change to the free credit monitoring and $1,000,000 identity theft insurance when they send the "Please change to monitoring e-mail".

It's still appalling that only $31 million out of $425 million will be used to for cash payout.

I'm curious about where the $125 amount even came from.
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 8/1/19 at 1:00 pm to
quote:

100% sure the problem here is some organization got my info, was supposed to keep it secure, did not keep secure. They were compromised, not me.


All without your consent!

I think they owe us all much more than $125. Instead this was all decided by a few lawyers in a back room. It was such a light punishment I don't think much changed in the industry. Here you have capital one a few years later doing the same thing. Someone needs to be made an example of.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
76774 posts
Posted on 8/1/19 at 1:24 pm to
WASHINGTON, D.C. - If you filed a claim to receive a $125 payout from Equifax as part of its settlement with the Federal Trade Commission, the FTC has bad news for you — it’s likely that no one will be getting $125.
Posted by StupidBinder
Jawja
Member since Oct 2017
6392 posts
Posted on 8/1/19 at 1:31 pm to
quote:

I was honest as this credit breach really didn’t impact me so I didn’t take the $125. Y’all are some greedy, lying, cheating mofo’s and can split my share.


Somebody didn’t read what he signed up for.

The $125 was supposed to be for anyone who’s data was breached, regardless of the outcome.
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