Equifax promised up to $125 for the hack. Now, the FTC says you’ll get ‘nowhere near’ that amount.

“The public response to the settlement has been overwhelming,” the FTC wrote in a Web posting. “Because the total amount available for these alternative payments is $31 million, each person who takes the money option is going to get a very small amount.”

The FTC said that it released the bad news to try to encourage people to opt for the free credit monitoring instead of the cash payout.