[lostdog]

Did you freeze or lock your credit with Equifax? Have you ever checked your credit report with Equifax so you knew it would be in advance?

Congratulations. You no longer have access to the court system.

[craftyguy]

Cool, I have never done any of those things with equifax! Where do I sign up for the class action lawsuit?

[lr4444lr]

Why would you? To get $10 and a year of free credit monitoring, and thus indemnify them for any further damage resulting from the breach? Better to opt out and wait until/if you actually suffer identity theft. Even if you're forced into arbitration you'll probably get more for your individual damages.

[s73ver_]

To punish Equifax?

The problem with the snarky, knee jerk response to class actions that you have is that most class actions are instances where individuals aren't harmed for much, but together it's quite significant.

And I have absolutely no faith in private arbitration to do anything but find for the entity paying their fees.

[gowld]

That's the rumor floating around, but there is no evidence behind it. If I buy a license to of Windows, with an arbitration agreement, and then Satya Nadella hits me with his car, I don't have to go to arbitration for the car incident.