Here’s the link to the article about the Equifax credit hack (this basically is my experience ):
http://money.cnn.com/2017/09/14/pf/equifax-freeze-my-credit/index.html?iid=hp-grid-dom It’s a long read but this link shows the frustration that many American’s are having with this breech which will basically be a lifetime of worry for a lot of us.
I have basically froze all my credit reports and the Mrs’ credit reports with the exception of Equifax -you just cant get thru right now; so unbelievable bullshit meme applies. I choose this option because I’m at the age where I don’t take out many loans any more and getting close to retirement and seniors are the number one target for this. (Over 2 million seniors were subject to ID thefts last year) I plan on helping my mother-in-law do the same whom is about 90 who have no use for these agency’s anymore. Believe me you don’t want to be a victim of ID theft as your guilty till proven innocent and your only friend may be the lawyer you will have to hire-sadly. A close friend of mine went thru hell to clear himself and still cannot get loans if he needs one, He’s been lucky that family were willing to cosign for him.
The Equifax response has been a disaster to say the least, I’ve had to shell out $40 bucks so far to freeze accounts for the both of us and will have to pay to unfreeze them should I need a loan. I guess a small price to pay for some mediocre security since corporate America refuses to handle it as it appears Equifax had the necessary “patch” but didn’t use it as it would have affected the bottom line apparently.You’re probably aware some of the CEO’s of Equifax sold their stock options before the hack became public news- that’s insider trading and jail for the average joe but not for Politicians and the CEO’s that own them. These guys will be” to big to jail” and get a “don’t do it again”. Can you say 30 lashes with a spaghetti noodle as punishment (weak attempt at humor).
As far as Equifax goes a small fine, Congress will put on the usual dog and pony show AKA Congressional hearing as few bills will go to Congress to benefit Americans on this hack but will die, and even if they would pass something I would bet it will benefit the Banksters anyway. Then there’s the upcoming class action lawsuits AKA known as the lawyer lottery. Can’t wait to get my 97cent check after the lawyers get the real money. You want more insult to injury? Trumpcorp wants to weaken consumer laws even more and also cut the consumer protection agency to protect corporate America even more. MAGA you say? More like “Morons Are Governing America” at this point. So “good luck” everyone as the scammers are coming out like you wont believe.
Equifax security and information executives are stepping down “retiring” Another words cashing in on their platinum parachutes. (How come Steve Millers “take the money and run” comes to mind) Ask your self this? Equifax CEO’s corporate looters get millions to go away -The hurricane looters get arrested and prison–deservedly so. https://www.yahoo.com/finance/news/equifax-security-information-executives-stepping-212755909.html
PS if you decide to freeze your credit reports, their is a fourth agency Innovis. They don’t charge a fee for a freeze, but they say they will send you a letter confirming the freeze.
Rant over as I’m sick and tired of being F***ed over by corporate America and paying the price and they get off little or no consequences.