4 ms·
Why $1,000? And how would you prove damages equaling that amount?
by ovao 9y ago
Why $1,000? And how would you prove damages equaling that amount?
- pfarnsworth 9y ago$15/month for identify protection/tracking X 12 X 40 years. You can't even dispute $15/month, since that's how much Equifax charges for their identity protection, so that must be how much it's worth since they caused these damages. That makes it more like $7200 in damages, not including the cost of money over time, inflation, etc.
- spathi_fwiffo 9y agoThat exceeds the $$ limit for claims is many states.
- actsasbuffoon 9y agoFor anyone reading this: I believe it’s a one time $10 per credit bureau to freeze your credit. Equifax would obviously like to charge you more if you’re willing. Do not sign up for Equifax’s service. It is a rip-off for a number of reasons.
- spiznnx 9y agoI'm sure equifax would respond by offering you free credit monitoring for life (which costs them nothing to do)
- k_sh 9y agoWho said the hypothetical plaintiff was interested in _Equifax's_ credit monitoring services? They've already demonstrated they can't keep data safe.
- airza 9y agofuture payments are usually discounted rather than inflated (IE money you have to pay now is more of a burden than money you have to pay in the future)
- nashashmi 9y agoYou could prove how much it will cost to buy service that will protect your identity for a period of time.
- korzun 9y ago> that will protect your identity for a period of time For the rest of your life