PSA: You probably won't lose your right to sue Equifax by accepting their free credit monitoring

AKA Why you should be careful who you get your legal advice from

Haris Khan

8 minute read

A classic study in mass panic I’ve seen a lot of scaremongering going around regarding a Terms of Use (ToU) agreement to binding arbitration in the free credit monitoring and identity theft protection that Equifax is offering in the wake of this hack. According to many articles and people on twitter, by accepting the monitoring, you’re signing away your right to be part of any settlement or lawsuit against Equifax as a result of the hack.