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Thread: Equifax Data Breach Settlement - Get Yo Money

  1. #1
    Robert O'Kelley
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    Equifax Data Breach Settlement - Get Yo Money

    Hello, friends. If you were affected by the Equifax data breach, like >50% of Americans were (including me), you can file a quick and easy claim for $125 or up to 6 years of free credit monitoring. I went with the cash, as I already have monitoring.

    https://www.ftc.gov/enforcement/case...ach-settlement

  2. #2
    Thx. $125 headed my way.

  3. #3
    Sweet. Me too. Thanks man.
    Runs with deer.

  4. #4
    THE quintessential dwarf palmab03's Avatar
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    I did it too. I thought I was lying by saying I "have" credit monitoring, but actually I do just by signing up for credit karma. So it seems like the steps for those to follow are:

    1) See if your data was breached
    2) If so and you have credit monitoring, then proceed. If you don't have credit monitoring, you can sign up for the free one like Credit Karma
    3) Write down the claim number or take a picture of it. (I forgot to do this step)
    just drivin' round in John Voight's car

  5. #5
    Too many people are going to claim the $125 and everyone will end up with like $17.

    Equifax got off so light.

  6. #6
    Gonna be sweet when all the data from people submitting claims gets breached.

  7. #7
    Robert O'Kelley

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    Yeah, it's up to $125. Get ready for $1.25.

  8. #8
    Quote Originally Posted by DistrictDeacon View Post
    Too many people are going to claim the $125 and everyone will end up with like $17.

    Equifax got off so light.
    147 million affected. $425 million to spread out. If everyone took it (which they won't) it would be less than $3 in a one lump payment.
    I assume that's taxable income
    Maybe the free monitoring might be the better option, unless they automatically renew it and stick it to you in 4 years.
    Things that make you go hmmm.
    Space Force in

  9. #9
    Quote Originally Posted by CantStandYa View Post
    Gonna be sweet when all the data from people submitting claims gets breached.
    And then they get off by claiming you waived your rights to protection by going for the cash. Kind of how I see this playing out. After I claimed the cash, of course.
    Runs with deer.

  10. #10
    Robert O'Kelley
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    Quote Originally Posted by GoDeacsGo View Post
    147 million affected. $425 million to spread out. If everyone took it (which they won't) it would be less than $3 in a one lump payment.
    I assume that's taxable income
    Maybe the free monitoring might be the better option, unless they automatically renew it and stick it to you in 4 years.
    Things that make you go hmmm.
    At least $575 million and up to $700 million.

  11. #11
    still not worse than the Ticketmaster settlement

  12. #12
    Robert O'Kelley

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    Quote Originally Posted by tigerswood View Post
    At least $575 million and up to $700 million.
    But some people who had to deal with identity theft will get much more than those who don't. What I'm saying is don't stop putting money in your 401k.

  13. #13
    Quote Originally Posted by Shooshmoo View Post
    But some people who had to deal with identity theft will get much more than those who don't. What I'm saying is don't stop putting money in your 401k.
    I'm gonna buy .0001 of a bit coin and let it ride until retirement.
    Space Force in

  14. #14
    Are y'all not also claiming $25/hr for time spent in the second section? Up to 10 hrs doesn't require documentation or evidence. $250 more for my time spent ordering credit reports, reviewing credit reports, monitoring credit activity, etc.

  15. #15
    Rusty Larue
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    Quote Originally Posted by CantStandYa View Post
    Gonna be sweet when all the data from people submitting claims gets breached.
    Yeah, I cringe giving these morons 66% of my SS on a new site.

  16. #16
    The site is run by the settlement administrators, though, it's all good! Perfectly safe and secure!
    Runs with deer.

  17. #17
    PM a mod to cement your internet status forever RJKarl's Avatar
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    They should have moved the decimal place. The fine should have been $4B+.

    The credit bureaus are corrupt and basically unregulated. The concept that your credit score is X is a myth. It changes by who is checking you out and how they weight the report. These variances can be dramatic.

    The groups that ruins more peoples' credit than anyone else are doctors and healthcare companies. Doctors are, by far, the worst. They sell their AR to companies who then screw people at alarming rates. You could have a charge-off without even knowing it.

  18. #18
    Quote Originally Posted by timthedeac View Post
    Are y'all not also claiming $25/hr for time spent in the second section? Up to 10 hrs doesn't require documentation or evidence. $250 more for my time spent ordering credit reports, reviewing credit reports, monitoring credit activity, etc.
    Well you're also signing that you actually spent time doing all of that.

  19. #19
    Quote Originally Posted by Wakeforest22890 View Post
    Well you're also signing that you actually spent time doing all of that.
    It's pretty feasible to spend at least 10 hours doing that, I probably spent 4-5 hours just researching and locking my credit at all 3 agencies (including having to actually send one request by mail because the online portal didn't like what I was putting in), and then another 4-5 over the course of the next couple years monitoring manually and worrying about temporary unfreezes and freezing back for loan/mortgage stuff (which was the real PITA).

  20. #20
    Quote Originally Posted by cookoutdeac View Post
    It's pretty feasible to spend at least 10 hours doing that, I probably spent 4-5 hours just researching and locking my credit at all 3 agencies (including having to actually send one request by mail because the online portal didn't like what I was putting in), and then another 4-5 over the course of the next couple years monitoring manually and worrying about temporary unfreezes and freezing back for loan/mortgage stuff (which was the real PITA).
    Oh definitely. I just meant that if you didn't actually spend much time doing it, you shouldn't say you did (may ask for documentation later - likely not but still not something you wanna have out there if you didn't do it). I took the question to mean that if you didn't need documentation why not just put it down.

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