PSA: Equifax hack - read this before checking your status!

[Jim S.]

All of the news outlets are acting like sheep and funneling consumers into Equifax's hack website they setup for the 143 million consumers with lost SSNs, addresses, etc. - https://www.equifaxsecurity2017.com.

The part CNN and others are NOT reporting on is that there will surely be a class action lawsuit over this and by putting your information into this form you agree to the barely visible "Terms" link which waives your right to participate in a class action lawsuit. 

Sent an email to CNN's tips line to see if they can at least mention this at some point - the fact that you waive your right to sue is not at all intuitive for the average consumer trying to see if their private information was stolen (in the case of most on this forum the answer will be yes).

Relevant section pulled out:

PLEASE READ THIS ENTIRE SECTION CAREFULLY BECAUSE IT AFFECTS YOUR LEGAL RIGHTS BY REQUIRING ARBITRATION OF DISPUTES (EXCEPT AS SET FORTH BELOW) AND A WAIVER OF THE ABILITY TO BRING OR PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR OTHER REPRESENTATIVE ACTION. 

If you participate in the class action you'll surely get at least as good of a credit monitoring service + likely monetary damages, I would not recommend signing up for this BS website setup by Equifax but if you even check if you're affected you will be removed from the class. 

This should be a story in itself imo, consumers should be pissed when they hear this.