Protect Your Identity After the Equifax Breach
Recently, Equifax, one of the three major credit reporting agencies, announced that over 143 million consumers could have had sensitive information stolen by hackers last May. This security breach is a large concern for everyone and we want to make sure you understand what to do going forward. If the Equifax breach has affected you, signup for Identity IQ for help regarding identity protection.
As a Midwest company, we want to make sure everyone in the area is safe from any issues potentially caused by this hack. For insight, the information stolen is said to be Social Security numbers, Drivers Licences, and Credit Card numbers. It’s therefore possible that millions of personal identities could be stolen.
3 STEPS TO PROTECTING YOUR IDENTITY
CONTACT YOUR CREDITORS
Let your creditors know that you’re worried that you might be affected and they’ll get you a new card. Since credit history makes up 15% of your credit score, make sure to follow up by asking whether the card will still be tied to your original date of opening. If not, you’ll lose all your history.
MONITOR YOUR CREDIT
Over the next year, it’s important to monitor your credit more frequently. We suggest checking weekly so you know exactly what’s happening with your information. Make sure to use a credit monitoring site you can trust to keep up to date with all changes. We suggest Identity IQ as it’s a quick and affordable service that keeps track of all your credit scores.
SETUP A FRAUD ALERT
On your credit reports, it can be beneficial to setup a fraud alert. You can call the three credit bureaus, (Experian, Equifax & TransUnion) and let them know you’re worried about being affected. You can ask for them to put a fraud alert on your credit for 90 days at no cost.