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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Credit report lawsuit Date:  8/2/2013  2:37 PM
Author:  joelcorley Number:  307136 of 312185


You wrote, Final punitive damages will be balanced against the risk of this happening again and if they are high enough Equifax just might hire a couple more people to staff that desk.

Which is exactly why punitive damages need to be high in cases like this. It's needed because companies usually don't see a difference between doing what is right and doing what is cost-effective.

- Joel
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