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Equifax says that it will waive credit freeze fees for 30 days
- safisher 9y agoMy cup runneth over.
- olliej 9y ago<3 Truly :D
- kabdib 9y agoThey should pay for for freezes on the other major credit reporting services as well.
- mcheshier 9y agoDon't worry, they'll still charge you to unfreeze it later!
- problems 9y agoDo you have to mail them like when you're correcting an error or is this available online or via phone?
- daveguy 9y agoIt is available online or phone: https://www.consumer.ftc.gov/articles/0497-credit-freeze-faqs https://www.consumer.ftc.gov/articles/0497-credit-freeze-faq... Listed under how do I place a freeze... The link and number.
- rsync 9y agoThat is mildly interesting. However, since the leaked information can be exploited against the other two credit reporting agencies this doesn't provide much protection. Not only will additional fees be required to freeze experian and transunion, the process of freezing and unfreezing credit is far too time consuming and onerous. Not to mention that the mechanism for unfreezing your credit, if you lose the codes/pins/passwords that you established when you froze it, is to verify using the very same personal data which was leaked in the first place.
- maxxxxx 9y agoI can't believe that credit is not frozen by default. How can anyone argue against that?
- neaden 9y agoWell the Credit Reporting bureaus would make less money that way, so they can argue against it. And since they're the ones who have to do it and pay lobbyists, they get what they want.
- maxxxxx 9y agoI just find it hard to believe that there is system where it's OK for a financial company to open a bank account or credit card in someone's name without verifying that person's identity and then still hold that person accountable. From whatever I know about identity theft it's up to the victim to prove that he/she hasn't opponent the account.
- vkou 9y agoThis cognitive dissonance comes from belief in a just, lawful, reasonable world. The sad fact is that the golden rule holds true - the people with the gold make the rules. It's why a bank getting defrauded by someone opening an account in your name is not the bank's problem, but your problem.
- daveguy 9y agoHere are the links and numbers for each agency. Keep your pin safe for easy unfreezing. https://www.consumer.ftc.gov/articles/0497-credit-freeze-faqs https://www.consumer.ftc.gov/articles/0497-credit-freeze-faq... Listed under "how do I place a freeze..." Others will charge a fee depending on state $0-$10
- deleted 9y ago[deleted]
- bogomipz 9y agoThese fact that they see this as acceptable shows just how arrogant and out of touch these assholes really are. I really hope that this incident is the end of these cartels and their shitty business as we know it. How about credit profiles are locked by default and if I want to to unlock it to apply for a credit card then I will pay a fee?
- mariusz331 9y agoI think they're limiting the timeframe to thirty days so they can make money on people unfreezing and refreezing their credit reports in the future. This is sleezy IMO and I'm not having any part of it. It's a creditor's responsibility to issue credit to the correct person. They are probably more worried about the data breach than consumers are. If a fake account is opened in my name, I'll send some scary letters [0] until it's resolved. I put a fraud alert on my credit report through Transunion [1]. They communicate the fraud alert to Experian and Equifax and creditors must contact me at a phone number I provided before they issue credit in my name. Though this is only for 90 days, it was free and can be extended. It buys me time to make a decision in the future, Japanese general style [0] http://www.kalzumeus.com/2017/09/09/identity-theft-credit-reports/ http://www.kalzumeus.com/2017/09/09/identity-theft-credit-re... [1] https://fraud.transunion.com/fa/fraudAlert/landingPage.jsp https://fraud.transunion.com/fa/fraudAlert/landingPage.jsp
- js2 9y agoFreeze/unfreeze is free for NC residents: http://www.ncdoj.gov/freefreeze http://www.ncdoj.gov/freefreeze Check whether your state has something similar.