Expecting $125 From Equifax? You’ll Be Disappointed, FTC Says

Photographer: Michael Nagle/Bloomberg
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In a major buzz kill for consumers awaiting their checks, the Federal Trade Commission just updated its website with disappointing news: No, you aren’t getting $125 because of the Equifax Inc. data breach.

Less than 24 hours ago, the FTC’s Equifax settlement website stated simply that claimants could file for a $125 payout. By Thursday morning, the page no longer promised $125 and encouraged affected consumers to opt for as much as a decade of free credit monitoring instead.