Equifax removed the $125 claim payout option after millions submitted claims
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Re: Equifax removed the $125 claim payout option after millions submitted claims
#2why do we even use these companies?
Re: Equifax removed the $125 claim payout option after millions submitted claims
#3why do we even use these companies?
"We" don't. You're not the customer, the credit providing company is. And they use it because there hasn't historically been a better alternative.
Re: Equifax removed the $125 claim payout option after millions submitted claims
#4Well to be fair there is a fixed allocation of money, so if anybody that filled it out earlier wants to actually get a check they have to limit it. Either that, or everybody gets a check for a few cents. Which is worse really?
It’s the same as when you go to a baseball game and they have a giveaway for the first 10,000 fans. There is a limit to the offer and being early matters.
Re: Equifax removed the $125 claim payout option after millions submitted claims
#5How about small claim court then?
Re: Equifax removed the $125 claim payout option after millions submitted claims
#6Surely the FTC and Equifax saw this coming? 150m people were included in the breach. Only 31m USD was allocated to give anyone who claimed 125 USD? How on earth did they do this math?
Re: Equifax removed the $125 claim payout option after millions submitted claims
#7Well to be fair there is a fixed allocation of money, so if anybody that filled it out earlier wants to actually get a check they have to limit it. Either that, or everybody gets a check for a few cents. Which is worse really? It’s the same as when you go to a baseball game and they have a giveaway for the first 10,000 fans. There is a limit to the offer and being early matters.
That just means the $31 million cap was ridiculously low.
Re: Equifax removed the $125 claim payout option after millions submitted claims
#8The FAQ is really condescending and almost sounds deliberately written to make people angry.
Re: Equifax removed the $125 claim payout option after millions submitted claims
#9Well to be fair there is a fixed allocation of money, so if anybody that filled it out earlier wants to actually get a check they have to limit it. Either that, or everybody gets a check for a few cents. Which is worse really? It’s the same as when you go to a baseball game and they have a giveaway for the first 10,000 fans. There is a limit to the offer and being early matters.
No, it is more like taking 10,000 bobble heads, dividing them in to thirds, and giving a piece to each of the 30,000 fans who showed up.
Re: Equifax removed the $125 claim payout option after millions submitted claims
#10This is a gross oversight on behalf of the FTC. Is it possible to sue them for negligence?