Posted on 07/27/2019 8:05:50 AM PDT by Innovative
On Monday, Equifax settled with the US Federal Trade Commission over its 2017 data breach, which affected 147 million Americans.
The settlement of up to $700 million includes as much as $425 million for individual compensation. With so many Americans affected, it's very likely you could qualify for some form of compensation as a result of the settlement.
And with so many names, addresses, birthdates and Social Security numbers leaked, you could still be at long-term risk for identity theft.
(Excerpt) Read more at cnn.com ...
ping
My credit card company gives me free monitoring and credit score info...I’m gonna take the $125 each for me and the wife.
“My credit card company gives me free monitoring and credit score info...I’m gonna take the $125 each for me and the wife.”
You likely wont get the full amount:
WHAT ARE THE ODDS OF GETTING THE MAXIMUM $125?
There would need to be no more than 248,000 approved claims out of the 147 million consumers affected — or less than one-fifth of one percent — for approved applicants to get the full $125.
Yeah - had second thoughts even as I was posting it - may not even apply...
The early bird usually gets the worm, but it doesn’t look like that will be the outcome if one takes the upfront cash..
Is Credit Monitoring Worth It?
Paying for a credit monitoring service may not have to be your first defense against fraud.
By Chris Kissell, Contributor |May 21, 2018, at 9:38 a.m.]
https://creditcards.usnews.com/articles/is-credit-monitoring-worth-it
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