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AOC tweets, then callback for 125 USD Equifax payment



Those hoping to benefit from the massive Equifax agreement may be unlucky, thanks to AOC.

Rep. Alexandria Ocasio-Cortez called on those affected by the 2006 data leak to file a claim and said they could receive $ 125 – "a nice slice of change."

But only $ 31 million is earmarked for payments, and the more that claims, the less everyone gets.

If all 147 million claimants applied for it, they would only receive 21 cents apiece.

The Democratic Socialist freshman tweeted on Friday a link to a page where anyone affected by the credit bureau's violation could file a lawsuit.

"Everyone: Get your check from Equifax! $ 1

25 is a nice change, "she said. "Get the money and pay the bill, put it away, take a day off, treat yourself whatever you want – but cash in the check!" It takes a minute . "

Earlier this week, Equifax made a settlement with the FTC, which included an agreement to create a fund of at least $ 575 million, but only a small portion of it is used for cash. [19659002] According to The Verge the lion's share of the comparison is used for free credit monitoring services or higher premiums for individuals who can prove they have been theft of identity as a result of the breach.

In fact, if all 147 million people are eligible for the $ 125 file , it can be assumed that they each receive only 21 cents apiece, as developer Rufo Sanchez explained on Twitter .

Deal is 10 years of free credit monitoring, "AOC said in a follow-up tweet and asked its followers to pass on the cash payment and instead accept another offer from the company.

"There is apparently one running there on settlements that will get 16-cent checks. However, if you opt for 10-year credit monitoring, Equifax must cover it. "


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