July 30, 20196 yr 1 hour ago, Clintonaldo said: Give me 25% interest and my goddamn information protected you rat fink How do I love this?
July 30, 20196 yr 1 hour ago, McCroskey said: I see the Trans Union clown is still around spreading disinformation. Lmao. Sent from my iPhone using Tapatalk I have nothing to do with transunion. Cheers to being a dumbass.
July 30, 20196 yr 1 hour ago, McCroskey said: They were lax. No need to rebrand. 113 year old company. It’s hard to explain to people who complain when without CRA’s like Equifax, they’d be paying 25%+ interest on ANY kind of loan they want. Breaches suck. Not being able to afford to borrow money because credit reports don’t exist sucks exponentially more. Sent from my iPhone using Tapatalk Rebrand doesn’t mean shutdown. In fact it means the opposite.
July 31, 20196 yr They updated this, it looks like everyone is going to get less then $125. 5. I thought I could choose $125 instead of free credit monitoring. What happened? The public response to the settlement has been overwhelming. Millions of people have visited this site in just the first week. Because the total amount available for these alternative payments is $31 million, each person who takes the money option is going to get a very small amount. Nowhere near the $125 they could have gotten if there hadn’t been such an enormous number of claims filed. The free credit monitoring provides a much better value, and everyone whose information was exposed can take advantage of it. If your information was exposed in the data breach, and you file a valid claim before the deadline, you are guaranteed at least four years of free monitoring at all three credit bureaus (Equifax, Experian, and TransUnion) and $1,000,000 of identity theft insurance, among other benefits. The market value of this product is hundreds of dollars per year. You can still choose the cash option on the claim form, but you will be disappointed with the amount you receive and you won’t get the free credit monitoring.
August 1, 20196 yr The free monitoring is "worth" hundreds of dollars yet almost everyone given a choice would rather have $125?
August 1, 20196 yr Why would I want credit monitoring from one of the same companies that breached my data in the first place?
August 1, 20196 yr https://abcnews.go.com/US/choosing-125-equifax-payout-leave-disappointed-ftc/story?id=64697461 I didn't file for the cash option, i opted for the credit monitoring and in doing so it still gives you the option to get reimbursed for credit monitoring which i have had for all years since the breach so i get 3 bureau monitoring for free for a few years and should get a check for a few hundred bucks. You can file up to 20k, it appears, if you file for the monitoring bucket.
August 1, 20196 yr I say the cash payouts will be less than $25, maybe less than $10 - and people will be more pissed about this than they were about the breach itself. Well done Equifax, well done
August 2, 20196 yr Fuck.... I already put down a deposit on a pool so they can get started as soon as ground thaws. I need this money.
August 2, 20196 yr 14 hours ago, I Got Worms said: Looking forward to my $1.57 check. Fucking assholes. You think you’re getting $1.57? Fucking Rockefeller here
August 2, 20196 yr 41 minutes ago, Clintonaldo said: Fuck.... I already put down a deposit on a pool so they can get started as soon as ground thaws. I need this money. "Jelly-of-the-Month-Club" would have been a better option than the current shit-sammich everyone's getting.
August 2, 20196 yr I applied for my $125 at least a week ago. Question is, is it first come, first serve (e.g. I applied before most people so I can be considered in the $125 bucket?) or is it a total number that is looked at after a deadline and then simply divide that number by $31mm and that's what wea all get?
August 2, 20196 yr 11 minutes ago, Rougarou said: I applied for my $125 at least a week ago. Question is, is it first come, first serve (e.g. I applied before most people so I can be considered in the $125 bucket?) or is it a total number that is looked at after a deadline and then simply divide that number by $31mm and that's what wea all get? Pretty sure the total settlement will just be divided, so everybody is getting .94 cent checks. Their stupid claim that credit monitoring is "worth" more really pisses me off too. Fucking scammers. There isn't a finite amount of "credit monitors" that affect the supply/demand of credit monitoring, the worth is just what those crooks judge it to be worth. Basically what people will pay for it. And plenty of people don't (and won't choose the option), because it's being monitored by the company who already fucked up security in the first place. I'm sure it's already been posted, I started on page 3, but I read yesterday that the "3rd party" vendor that they refer all the credit monitoring option people to still has to pay Equifax to access the credit reports for each person. Equifax is still making back a small percentage of every person that passes on the $125 and opts for monitoring. Aside from the fact that the worth of the monitoring is made up bullshit.
August 2, 20196 yr 3 minutes ago, BurdineBandit said: Pretty sure the total settlement will just be divided, so everybody is getting .94 cent checks. Their stupid claim that credit monitoring is "worth" more really pisses me off too. Fucking scammers. There isn't a finite amount of "credit monitors" that affect the supply/demand of credit monitoring, the worth is just what those crooks judge it to be worth. Basically what people will pay for it. And plenty of people don't (and won't choose the option), because it's being monitored by the company who already fucked up security in the first place. I'm sure it's already been posted, I started on page 3, but I read yesterday that the "3rd party" vendor that they refer all the credit monitoring option people to still has to pay Equifax to access the credit reports for each person. Equifax is still making back a small percentage of every person that passes on the $125 and opts for monitoring. Aside from the fact that the worth of the monitoring is made up bullshit. Also most of us already have free credit monitoring through those throw-away benefits at work nobody cares about (e.g. Rocketlawyer, InfoGuard or whatever it's called, some nominal amount of life insurance, etc.) or through CreditKarma, Chase, CapitalOne, etc. (everyone has a version of it) or both.
August 2, 20196 yr 14 minutes ago, Rougarou said: Also most of us already have free credit monitoring through those throw-away benefits at work nobody cares about (e.g. Rocketlawyer, InfoGuard or whatever it's called, some nominal amount of life insurance, etc.) or through CreditKarma, Chase, CapitalOne, etc. (everyone has a version of it) or both. Yeah I have "CreditWise" through CapitalOne. And we all get 1 free report yearly. But Equifax's option has a price tag on it so it must be "worth" more apparently....
August 2, 20196 yr On 7/29/2019 at 8:03 PM, SquishMitten said: Now I’m torn. I can certainly claim the ten hours (probably more like 15, but it’s not worth the time to itemize everything just to get a little extra). But now these stories suggesting the settlement is going to get diluted have me nervous. The credit monitoring has guaranteed value. If I forgo that and end up with a check for a few bucks then I’ll be pissed. But if I take it and everybody else gets their full payout, I’m gonna be pissed. Wut?
August 2, 20196 yr 15 hours ago, Clintonaldo said: Fuck.... I already put down a deposit on a pool so they can get started as soon as ground thaws. I need this money. Clark?
September 8, 20196 yr Just got an email requesting verification of the name of my credit monitoring company.
September 8, 20196 yr 30 minutes ago, Anastasis said: Just got an email requesting verification of the name of my credit monitoring company. Given that millions of people have claimed the $125, I don’t think it’s going to fly that everyone has to provide evidence to equifax. I would imagine a new suit is filed against them soon to remove this requirement. Between the lawyers and administrators, there is going to be little left for the people who were actually damaged.
September 8, 20196 yr 12 minutes ago, Nice Guy Eddie said: Between the lawyers and administrators, there is going to be little left for the people who were actually damaged. Big shock. Now cue the surly legal cabal to respond with how lawyers are here to protect us.
September 8, 20196 yr On 7/31/2019 at 8:33 PM, WBT said: The free monitoring is "worth" hundreds of dollars yet almost everyone given a choice would rather have $125? It’s a late response, so forgive me, but this phenomenon in behavior trends towards what’s known as hyperbolic discounting. Many people would gladly take a smaller reward sooner than something larger paid later or spread over a long period of time. Beyond that, you also have the issue of not like for like. It’s true in many instances involving cash vs barter. You may value a wonderful steak dinner if you’re already on your way to Del Frisco’s or Pappa’s, but if I offered you $200 on the spot or a $500 steak dinner for you and your SO, just randomly somewhere, you’d take the $200 without thinking twice. Cash then cards then credits in the offer/promo/incentive value stream also plays a behavioral role. So, it’s not really that the credit monitoring service has no value and customers are correctly opting for the cash as a pure rejection of the credit monitoring premise. The issue here is that humans are buying like humans.
September 8, 20196 yr So I finally filled this out and told them to look at their records at the times that I froze and unfroze my credit and all the hassle bullshit that has caused me. Fuck you, pay me assholes is what I wrote in place of the credit monitoring company. They aren't really going to pay so fuck them.
September 8, 20196 yr 1 hour ago, Anastasis said: Just got an email requesting verification of the name of my credit monitoring company. Same
September 8, 20196 yr 1 hour ago, Anastasis said: Just got an email requesting verification of the name of my credit monitoring company. Email huh? Sounds legit.
September 8, 20196 yr Why does it matter if I monitor my credit if my credit is frozen? I don't want their product and I don't want to pay for monitoring....I just want them to burn in hell for not securing my information. Gottam fucksticks.
September 8, 20196 yr On 7/26/2019 at 12:05 PM, Nice Guy Eddie said: Takes 2 minutes of your time to file. I have free credit monitoring from Home Depot (or was it Lowes) for another security issue so the $125 from equifax is one its way. Dear Mr. Eddie, We must inform you that a suspicious person has charged (2) boxes of nails on your account. We will immediately address this situation. Thank you. Home Lowe's
September 8, 20196 yr i am sure i am just dense here but why does a credit monitoring service make a shit for this claim? name of credit monitoring company? has to do with what exactly? oh got this email too Edited September 8, 20196 yr by staboner
September 9, 20196 yr I suppose the argument went that credit monitoring is the remedy most closely tailored to the harm caused and money only if the person already had credit monitoring. Only in class actions is a non-monetary award given the consideration that it is given. Everywhere else in the law, money talks bullshit walks. %
September 9, 20196 yr 32 minutes ago, TwiceHorn said: I suppose the argument went that credit monitoring is the remedy most closely tailored to the harm caused and money only if the person already had credit monitoring. Credit monitoring helps limit future harm but it doesn't do a hell of a lot of good to prevent the current harm that Equifax created.
September 10, 20196 yr I had someone open a credit card in my name around year 2000. Got reported to a collection agency and it was a nightmare getting it taken care of it. Based on that experience I took the gamble that credit monitoring has a chance to be of more value to me than $125 (if that much). Who knows. Some of you MFers bump this thread when your checks start rolling in. I want to know how big of a mistake I made.
September 10, 20196 yr 5 hours ago, Lhorn said: I had someone open a credit card in my name around year 2000. Got reported to a collection agency and it was a nightmare getting it taken care of it. Based on that experience I took the gamble that credit monitoring has a chance to be of more value to me than $125 (if that much). Who knows. Some of you MFers bump this thread when your checks start rolling in. I want to know how big of a mistake I made. I get free credit monitoring by Equifax through my bank. Let me know when paying for credit monitoring provides extra benefits beyond my free credit monitoring. Looking forward to my $.25 check plus free credit monitoring.
September 10, 20196 yr I’m fine if the check is for $.01. Low payment amounts will just be more bad press for equifax so that is ok in my book. I have some old credit monitoring service from when Home Depot had a data breach. Believes it’s called All Clear or something like that.
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