FTC Announces Equifax Will Give 300 Million In Monetary Relief | Hallie Jackson | MSNBC

Equifax will pay as much as 700 million over the 2017 data breach. 300 million will go directly to consumers and 275 million in penalties. NBC's Tom Costello has been following the story and breaks it down
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FTC Announces Equifax Will Give 300 Million In Monetary Relief | Hallie Jackson | MSNBC

20 comments

  1. So, they get to pay themselves out of that $300 million, since I have no doubt that the Credit Monitoring will be through…Equifax itself. So, for less than $4 per person impacted, they get a bunch of new customers for their services. Sounds about right.

  2. Here’s an idea. Last I heard it was Like 700 million. We have 330 million people in America, give or take. I mean Born in America folks.
    I suggest they give a tax free million to each American citizen.
    This would help boost the economy, by helping to pay off debt, put money in the market if they choose.and buying goods made in America. House , Auto, and such.
    Now I know there will be a lot of naysayers. But I’m thinking that a bit of a financial leg up, boost the economy, and takes away some of the woes of living from paycheck to paycheck, and enjoy life as those with silver spoons in their mouths have enjoyed.
    However; folks must maintain working at their places of business, and not willy nilly take days off. Businesses need it’s workers to function and grow.
    There’s a way it could be done.
    Okay; I’m taking off my rose colored glasses now.😄

  3. I really hate these outros, implying we all are too dumb to know we can subscribe by pressing the subscribe button.

  4. All the money will be stolen by crooked lawyers, none at all will get to the victims. They will get a free week of credit monitoring while the lawyers get rich! These big payouts should be illegal. They never benifit the victims.

  5. Don’t let this distract from the fact that the Consumer Financial Protection Bureau that Obama created has given back $12 billion to 29 million Americans due to bank fraud. And it is this same Bureau that t’rump and his administrations are trying to dissolve so Wall Street can keep ripping us off.
    And t’rump supporters think he’s fighting for them? 😃😛😄😂

  6. So 2 dollars pays for 4 years of credit monitoring?? Well well. Guess that shows how insanely profitable credit monitoring has been. And who do they pay for that credit monitoring? Themselves.

  7. Lol, equifax just announced that they will charge 6$ extra per person …. guess who pays the fine.

  8. not enough, victims can never get their privacy back and they’ll make money off all of it while you jump thru hoops, they’ll sell you up grades since they’re in bed with life lock.

  9. Eric chump said 95% of U.S. supports his father. Is that because of breach he knows foreign govts. can altar your vote?

  10. $300 million??? That amounts to paying maybe 200 million consumers with credit $1.50 each???

  11. AND THESE KKKRACKERZ STILL DONT WANNA PAY THEIR TAB FOR 400 PLUS YEARS OF UNSPEAKABLE ATROCITIES AGAINST US…..MAN, ENJOY YOUR RULERSHIP NOW BECAUSE WHEN YOU ALL DO HAVE TO PAY THAT TAB, IT WILL BE OF CATACLYSMIC PROPORTIONS.

    OH AND P.S. FORKING OVER TRILLIONS OF DOLLARS WILL BE THE LEAST OF YOUR WORRIES, TRUST ME.

    #REPARATIONS

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