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The Equifax removes arbitration clause; certifies that no credit card is necessary for the free credit monitoring service.
Our warning earlier this week indicated that there were concern about the referee agreement in the Equifax one-year free use of ID fraud and credit surveillance service, TrustedID Premier, provided in reaction to the recent cyber-break. First, in reaction to the significant excitement of consumers, Equifax has repealed the Court of Arbitration provision.
Now you can sign up for the free trial and protect your right to join a collective lawsuit against Equifax if your personally identifiable information is at risk. Register on the Equifax website. Second, many users were worried that although the first year of the TrustedID Premier was free, Equifax would need a credit card for registration, which would be debited at the end of the first year of free use.
The Equifax has verified that it does not need credit card information as part of the registration procedure.
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