Equifax
The hackers stole the names, Social Security numbers and other personal information of tens of millions of Americans from the credit reporting agency's database.
Notorious credit-monitoring companies might be able to weasel their way into the mortgage industry.
“Did someone forget to do the math?” a commenter asked after the Federal Trade Commission warned that people would likely not get the promised payouts.
147 million people whose data was breached are eligible for five potential benefits, including money.
WHAT'S HAPPENING
The largest-ever settlement for a data breach draws to a close multiple probes into the credit-reporting company.
More than 1 million kids were victims of identity theft last year.
They decided to pass a bill that could boost the financial fortunes of credit reporting firms.
The legislation would give credit monitoring companies an edge in the mortgage business.
A provision benefiting veterans has gotten less beneficial, according to a Democratic senator.
The company's shares were down 2 percent on Thursday.