General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsExcellent NYT article on how to handle the Equifax breach, other than "free" protection from Equifax
As the article states, the "free" protection becomes "paid" protection after a year. and you waive your right to take legal action or be involved in a class action suit if you accept their offer.Also pointed out in the article is the fact that Equifax's "free" protection only applies to Equifax and will do nothing whatsoever when it comes to TransUnion, Experian, and the other credit bureaus.
The solutions offered in the NYT article are a nightmare and a half, but probably not worse than someone using your personal data to set up a line of credit.
https://www.nytimes.com/2017/09/08/your-money/identity-theft/equifaxs-instructions-are-confusing-heres-what-to-do-now.html
customerserviceguy
(25,183 posts)I'm writing to my creditors this weekend to ask them not to submit information to Equifax, and to not order and pay for any more credit reports from them. I plan on explaining that it's in their best interests to put Equifax out of business, as they are the ones who ulitmately bear most of the costs of online fraud.
See my sig line for a petition, I don't expect numbnuts to do anything about it, but the media always picks up on it when one of these petitions starts taking off. We don't need three credit bureaus all doing the same thing, one of them extremely poorly. Put some fear into the cold hearts of TransUnion and Experian.
RKP5637
(67,083 posts)experts, and they F it up and try to push the responsibility onto us while trying to wiggle free from any repercussions.
marybourg
(12,584 posts)I'm getting too old to remember new routines and where I put new PINs. But I sure as heck want to join any and all lawsuits.