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Equifax Settlement Breach Payment (lemmy.ml)
submitted 15 hours ago* (last edited 14 hours ago) by minyaen@lemmy.ml to c/databreaches@lemmy.zip
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Finally! It's here!! ...

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[-] quixotic120@lemmy.world 14 points 14 hours ago* (last edited 14 hours ago)

My payment was similar and also ended up being like 2.18 in reality because they would only pay via some sketchy gift card app. And rather than download that app and give it access to my phone and digital wallet I insisted they print a physical gift card, which they did do, but they charged me $5 of the settlement fee for

There should really be regulation that such a thing has to be paid by check or wire transfer but that’s obviously not going to happen when they can enrich their friends sketchy gift card company and our country lacks any regulatory capacity at all. That’s what got us to the point that this pathetic settlement was considered acceptable (and equifax will continue to do their destructive business, probably with no real change to security)

[-] bamboo 1 points 13 hours ago

On the web, after claiming the money, it displayed the debit card number which was immediately activated and which I used to buy an Amazon gift card for the exact amount. That debit card has $7.44 on it for less than a minute.

[-] minyaen@lemmy.ml 1 points 13 hours ago

Cost of doing business is such a drop in the bucket for these companies... Apple, Google, Microsoft, etc etc etc. These settlements are just that... Business.

[-] RestlessNotions@sh.itjust.works 1 points 14 hours ago

I agree with you, it should be regulated. But if you'd clicked through they give you an image of a credit card that doesn't need the app. I used it to buy a gift card from a store I regularly use that way it doesn't expire or accumulate BS fees.

[-] quixotic120@lemmy.world 1 points 13 hours ago

What gift card doesn’t have an activation fee or maintenance fees? Genuinely thought they all had a $5 activation fee but I typically have only ever bought generic visa/mastercard gift cards. I rarely buy them though so I’m not well versed on this

[-] bamboo 3 points 13 hours ago

The only thing I know that has a fee is if you want a visa card which you can use everywhere. Most digital stores (Nintendo, Lyft, Amazon) want you to purchase the gift card because it locks you into their ecosystem. Some will even give you a discount on a gift card because they get the money now for nothing, and can invest that. The company also wants you to buy a gift card because there's always some percentage that goes lost and unclaimed, so that's free money for them.

[-] RestlessNotions@sh.itjust.works 1 points 13 hours ago

I did Amazon since you can easily put in the exact amount from the payment. You can do the same for Target. I've also used these types of refunds to make a partial payment on some of my utility bills.

[-] Theatomictruth@lemmy.dbzer0.com 5 points 15 hours ago

I can’t even claim mine, I get an error message when I try.

[-] minyaen@lemmy.ml 3 points 14 hours ago

Haven't even tried... Its like the $16 tax refund I haven't cashed for like 10 years 😆

[-] bamboo 1 points 13 hours ago

I got an error initially and tried again later and it worked. I imagine lots of people were making claims on the first day and it overwhelmed their systems

this post was submitted on 21 Dec 2024
53 points (100.0% liked)

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