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Because the purpose of the 31m USD was to compensate people who had bought credit monitoring, spent time dealing with credit reports, freezes, locks, etc. Out
by g051051 7y ago
Because the purpose of the 31m USD was to compensate people who had bought credit monitoring, spent time dealing with credit reports, freezes, locks, etc. Out of the 147m people who were potentially affected, what percentage actually incurred any real costs vs. the number that rushed to file a claim after the headlines blared "$125 to everyone!"
- paulddraper 7y agoI don't recall $125 requiring actual previously lost time.
- g051051 7y agoI could be mistaken...I thought there was a clause allowing you to claim up to $125 without having to provide detailed breakdowns of the time and expenses.
- Mtinie 7y agoYou could claim up to $20k due to provable loss in addition to the $125 due (if you had existing credit monitoring). Edit: I missed my final line, “So you are right.”