21–30 of 59 posts
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
143m users times $8000 makes for a pretty penny. In fact, it would bankrupt the company, as it should.
If the profits from this sale aren't enough to cover the liabilities, then their business model is fundamentally flawed.
Either way, thanks for the article, because even though it's been many months since the breach, the effects are still being felt; I'm sure by more than just myself.
Earlier quoted context omitted.
143m users times $8000 makes for a pretty penny. In fact, it would bankrupt the company, as it should.
As it should? If so, they probably ought not be operating: they are giving consumers a liability they couldn't afford to pay, and profiting from this liability by selling the information to third parties. If the profits from this sale aren't enough to cover the liabilities, then their business model is fundamentally flawed.
One note, this is a big PR piece for the author's business, Legalist. Disclaimer really doesn't come until right at the end.
You mean like every disclaimer since the invention of disclaimers? I'm fine with that, the author might know what he's talking about (though he did mention he's spent less time in court than I have) more than some random person who's experience might not map well to mine.
Hi. Read this article a few hours ago, and went down a rabbit hole of agony. I am a victim of the equifax breach apparently. I checked my credit report (on creditkarma.com) for equifax, and realized that there were two hard inquiries which pounded my score down about 40 points. One from Verizon (never have I ever done business with them); one from Paypal Credit (same). I ended up contacting both companies and placing…
That'd be Equifax, Experian, and Transunion. You can also freeze your credit at Innovis to get all four.
The freeze will require them to contact you before doing anything. The alert doesn't do much in practice (from the people I know who've had it) - it's just ignored.
Am i the only one kind of shocked at how little he actually got? I realize it's small claims court but seriously that's a pittance compared to the cost of a lifetime of credit monitoring. Say you're 30 years old. You have a reasonable expectations of living another 30-40 years minimum. Being compensated for only 120 months (10 years) of credit monitoring is just ridiculous.
It's cheap to freeze your credit report.