ChiefsPlanet - Life $125 from Equifax due to their Date Breach Fiasco

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$125 from Equifax due to their Date Breach Fiasco (https://www.chiefsplanet.com/BB/showthread.php?t=324132)

Quote:

Originally Posted by Graystoke (Post 14365294)

I don't like the idea of putting my last 6 digits of SSN.

Where did you have to do that? I submitted my claim with out doing that.

Quote:

Originally Posted by BWillie (Post 14365323)

Where did you have to do that? I submitted my claim with out doing that.

You don't have to do it before filing a claim, but you can check here:

https://eligibility.equifaxbreachset...en/eligibility

(The link is toward the bottom of the front page linked at the bottom of the article.)

Looks like I may be getting a $125 check. My wife was not affected.

Quote:

Originally Posted by Graystoke (Post 14365294)

I don't like the idea of putting my last 6 digits of SSN.

Well, they already have the first 3, too.

And all 9 are probably already on the dark interwebs anyway...

Do you feel better about it now? :D

Shit chyea, gimme that sweet, sweet $250.

You guys expecting a full $125 out of this may be disappointed...

Quote:

Originally Posted by DaFace (Post 14365390)

You guys expecting a full $125 out of this may be disappointed...

Whyyyyy

lets hear some lawyer talk

Quote:

Originally Posted by DaFace (Post 14365390)

You guys expecting a full $125 out of this may be disappointed...

Yeah I got to the whole "detail time you spent rectifying the breech" part and decided taking 'free' credit monitoring was the better use of my time.

Quote:

Originally Posted by BWillie (Post 14365391)

Whyyyyy

lets hear some lawyer talk

It's not lawyer talk, it's just math. Class action lawsuits always have a big number that they can theoretically pay to a person, but they have a cap on how much the total payout will be. So if a bunch of people file a claim, they have to reduce the payouts accordingly. I think the most I've ever gotten from one of these in the past is $30ish. It's still free money, so by all means file a claim, but don't start counting on getting $125.

In this case, the math has already been spelled out in this thread:

Quote:

Originally Posted by ChiliConCarnage (Post 14365017)

Reading the FAQ, I think I might be better off taking the multiple years of credit monitoring?

The pool for the $125 is only 31 million bucks. Given they leaked basically everyones info and this is going to be everywhere and on every news show I imagine I'd end up with $6.24 once it's diluted

And here's the specific language from their FAQ about it:

Quote:

If there are more than $31 million claims for Alternative Reimbursement Compensation, all payments for Alternative Reimbursement Compensation will be lowered and distributed on a proportional basis.

Quote:

Originally Posted by DaFace (Post 14365390)

You guys expecting a full $125 out of this may be disappointed...

I'm expecting 6 bucks

Quote:

Originally Posted by Hammock Parties (Post 14365313)

**** yes

free money

I got a letter in the mail over a month ago on this. Any money left of that 33 million class action payout was claimed in the first week.

Quote:

Originally Posted by 007 (Post 14365409)

I'm expecting 6 bucks

I'm pretty sure I got a $3 check from one of these a while back. ROFL

Quote:

Originally Posted by DaFace (Post 14365407)

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people. LMAO

Quote:

Originally Posted by Bearcat (Post 14365418)

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people. LMAO

You you would have to think at least 20% of the people will file a claim, if not more.

Although I was involved in a class action law suit with Deffenbaugh and I thought I Would get much less and many more people would file claims. I was pleasantly surprised with the amount I received.

Quote:

Originally Posted by Bearcat (Post 14365418)

Yeah, it impacted 150 million people, but $31 million/$125 comes out to 248,000 people. LMAO

It appears its much more than $31m... at least $650m according to NYT

https://www.nytimes.com/2019/07/22/b...ettlement.html

Quote:

Equifax to Pay at Least $650 Million in Largest-Ever Data Breach Settlement

Me, my wife and two kids all qualified... I hate the scummy lawyers getting thiers, but this was a legit screw up.