Equifax removed the $125 claim payout option after millions submitted claims

Re:Equifax removed the $125 claim payout option after millio... by adrr on Wednesday July 31, 2019 @11:44PM (#20580920)

There are underwriting systems that don't pull credit reports. The loan rates are around 20% and go down as you develop a history with them. People have choices.

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Re:Equifax removed the $125 claim payout option after millio... by mikeash on Thursday August 01, 2019 @11:31AM (#20584712)

They don’t really. Let’s say I choose to avoid the traditional credit system and go with one of these other things. Then some fraudster opens an account in my name with my info and suddenly I’m in Equifax anyway. Then Equifax gets breached and even more fraudsters use that info. I’m stuck trying to prove my innocence to creditors despite having supposedly chosen not to participate in that system.

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Re:Equifax removed the $125 claim payout option after millio... by sokoloff on Thursday August 01, 2019 @08:19AM (#20583094)

"Your kneecaps are your collateral..."

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