We are highly recommending that all our clients go to the following website to verify whether or not they have been impacted by the Equifax breach that made national news last week. If you have been affected, Equifax will provide you with a year of free credit monitoring. Be sure and read the fine print of the agreement. We have been told accepting the agreement prevents you from joining any future class action lawsuits. Make the right choice for yourself. Click here to see if you have been affected.
If you have, there are three options available to you:
1- Equifax will give you the one year of credit monitoring, but there may be strings.
2- You can call all three credit bureaus and do a credit watch. It’s free, and requires companies to verify the request for credit is legitimate. The downside is crooks would just bypass this.
3- You can call all three credit bureaus and do a credit freeze. It’s $10 per bureau, but your credit is locked down. The downside it will be $30 a pop if you ever need new credit.