Those hoping to cash in on the massive Equifax settlement could be out of luck, thanks to AOC
Rep. Alexandria Ocasio-Cortez tweeted and called for those affected by the 2017 data leak to make a claim, saying they could get $ 125 – "a nice chunk of change."
But only $ 31 million has been earmarked for the payments, and
The new Democrat Socialist tweeted out of a link Friday to a page "Everybody: Get your check from Equifax! $ 125 is a nice chunk of change, "she said. "Get that money and pay off a bill, sock it away, take a day off, treat yourself, whatever you like – but cash 👏🏿 that 👏🏽 check! 👏🏻 💸 It takes one minute. "
Earlier this week Equifax reached a settlement with the FTC, which included an agreement to create a fund with at least $ 575 million, though only a small percentage of that will go to cash payouts. 1
In fact, if all 147 million (19459006) pointed out on Twitter
"Okay everyone UPDATE on Equifax: for most people the better deal is 10 years of free credit monitoring, "AOC said in a follow-up tweet urging her followers to pass on the cash payment and instead take another offer from the company
" There's apparently a run on settlements so there 'S anxiety people are going to get 16 cent checks. But if you choose 10 years of credit monitoring, Equifax * must * cover it. "