FTC Says Sorry, Too Many People Signed Up for the Equifax Settlement
Another example of, "If it sounds too good to be true, it probably is."
Excuse me, WHAT?
The Federal Trade Commission is claiming that the pool is too full of applicants, so none of us will be getting the $125 payout from the Equifax breach.
Yep, you read that right.
They're now encouraging us to sign up for the free credit monitoring.
Now, here's the only saving grace: if you signed up for money lost because of stolen identity, THAT money comes from a different fund.
Personally, I'm ticked. Somebody stole my identity during the breach and bought two Apple watches. I was out over $600 for almost a month until I could get it straightened out. Thanks a lot, Equifax.
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