3 ms·

Whats the benefit of opt-out? Whats it about? I know Equifax was hacked but havent had the elusive free time to delve into it.

• justboxing 9y ago
  > Whats it about? If you'd clicked the link, you would've seen the following on the home page. > What's all this about? > In light of Equifax's recent security breach, they are offering a year of complimentary credit monitoring services. The media have noticed that in their Terms of Service, they include a binding arbitration clause which means you give up your right to sue them in a regular court and must instead go through an arbitration process. > While the company has since clarified, under pressue, that the security breach is excluded from these terms, binding arbitration clauses are a growing trend that remove legal remedies like class action lawsuits from consumers. It is especially reptillian that they would have consumers give up their legal rights in the aftermath of a breach, for a product we only need because of the breach. > The arbitration clause has an out, in that you can opt-out within 30 days of signing up. However, opting-out requires sending a statement by mail, which is sure to dissuade a lot of people. In order to make opting-out as simple as opting-in, I created this site.
• paulgb 9y ago
  I tried to briefly summarize this in the "What's all this about?" section, let me know if anything is unclear. Essentially the benefit of opting out is you don't give up legal rights to a company that just proved incapable of handling your data.
  • Xunxi 9y ago
    Thanks