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turbinetree

(24,695 posts)
Thu Aug 1, 2019, 12:15 PM Aug 2019

This is in my opinion a good read about the FTC and Equifax deal

You’re not getting your money from Equifax because the government never really wanted you to

Mad about missing out on your $125? Blame the regulators captured by the rich companies they're supposed to police.

Alan Pyke
Jul 31, 2019, 6:17 pm


Few if any of the 147 million Americans screwed by Equifax in its 2017 data breach will actually see the $125 checks that were touted in a settlement announced on July 22, the Federal Trade Commission (FTC) warned Wednesday.

The announcement set off wide ripples of media coverage. Many of those stories frame the matter in terms that are extraordinarily friendly to both the corporate behemoth that allowed the data breach to occur and the government regulator that’s ostensibly tasked with safeguarding consumer interests in the wake of this malfeasance.

“FTC Says ‘Overwhelming’ Number of Equifax Claims Means Consumers Likely Won’t Get $125,” the Wall Street Journal’s headline screamed.

Lest the subtleties go unnoticed, the framing of the story is clear: It’s your fault you’re not getting the money. Or it’s your neighbor’s fault; perhaps their cousin’s. All of y’all customers asking for the pittance you rightly deserve are just ruining it for each other.

https://thinkprogress.org/youre-not-getting-your-money-from-equifax-because-the-government-never-really-wanted-you-to-e73d94e4a709/

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This is in my opinion a good read about the FTC and Equifax deal (Original Post) turbinetree Aug 2019 OP
I was going to apply for this customerserviceguy Aug 2019 #1

customerserviceguy

(25,183 posts)
1. I was going to apply for this
Thu Aug 1, 2019, 02:19 PM
Aug 2019

but now I figure, "Why bother?" I'd end up with a check insufficient to buy a Happy Meal to get over it, and some law firm will walk away with millions of dollars. And that's after negotiating too low of a settlement to do much other than make themselves wealthy.

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