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Do you seriously believe that credit freezes are an adequate response to the massive harms inflicted upon individuals by identity theft and credit report inaccu

• bogomipz 9y ago
  They aren't and they further shift the responsibility of dealing with credit agencies negligence onto the consumer. You want to rent an apartment, change your cell phone carrier, get home owner's insurance, order cable - all of these things require a credit check and you having to pay 5 dollars to each agency and making 3 separate calls to each of them to do so.
• KGIII 9y ago
  I don't believe there is anything better, at least that I'm aware of. Is it adequate? Probably not. Is there something better? Not that I know of. To be clear, I only know about the freezing. I got free monitoring but didn't take advantage of it. Instead, I just froze my credit and hope for the best. I don't really need credit for anything, so it has been fairly painless.
  • bogomipz 9y ago
    >"Is there something better? Not that I know of." This is the sad part about it is there is no way to opt out of having your identity put at risk by these thugs. >"I got free monitoring but didn't take advantage of it." This is perhaps the most incensing part of all of this. Is that after one of these breaches the agency offers 1 year of credit monitoring and then after that its $16.95 a month. They have attempted create another revenue opportunity for themselves by being reckless with your data. It's mind blowing.