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Drudge Retort: The Other Side of the News
Friday, July 16, 2021

Wondering whatever happened to your $125 from the Equifax settlement?

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Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

So I just filled a BCBS claim on a class account against them and that got me thinking, what's up with the Equifax settlement.

Oh boy is it a mess. This is just one of the articles about what is going on but there are plenty more if you care to google it.

From what I can tell:
Settlements won't be paid out until at least 2024
The check or debit card will be mailed to the address you filed so good luck if you move.
It looks like the $125 will be more like $7

I hope no one here was seriously impacted because it looks like the odds of you getting anything close to fair compensation are tiny.

#1 | Posted by TaoWarrior at 2021-07-16 06:21 AM | Reply

@#1 ... It looks like the $125 will be more like $7 ...

imo, the only people who benefit in a class action lawsuit are the lawyers who file the suit.

#2 | Posted by LampLighter at 2021-07-16 11:26 AM | Reply | Newsworthy 1

#2

The banks did ok also, something like 5.5 million for them. One of the many articles I saw mentioned it but I wasn't trying to get into a banks suck discussion so I didn't post that one :)

#3 | Posted by TaoWarrior at 2021-07-16 12:08 PM | Reply

@#3 ... The banks did ok also, something like 5.5 million for them. ...

Thanks for that correction.

My main point still holds, though, that the consumer recipients of the settlement funds get ridiculously little from the payout.

#4 | Posted by LampLighter at 2021-07-16 12:20 PM | Reply

Oh yeah consumers are getting shafted, at least the ones who suffered real harm. In my case no real harm so 7 bucks is a win. However if you actually had identity theft as a result well I guess --?

#5 | Posted by TaoWarrior at 2021-07-16 12:28 PM | Reply

Oh good grief two letters and it gets censored? Who knew the target audience of this blog spends the day watching blues clues.

#6 | Posted by TaoWarrior at 2021-07-16 03:51 PM | Reply

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