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Old 09-10-2017, 07:53 AM   #21
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Originally Posted by davef View Post
Before you do this, you may want to make sure you are not giving up any legal recourse rights by accepting their monitoring offer. And their program monitors more than just their bureau. I have not personally read it but I am told by sources I find reliable that this might be the case.
They apparently got a lot of flack for this so they clarified their position

From their website:

NO WAIVER OF RIGHTS FOR THIS CYBER SECURITY INCIDENT
In response to consumer inquiries, we have made it clear that the arbitration clause and class action waiver included in the Equifax and TrustedID Premier terms of use does not apply to this cybersecurity incident.
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Old 09-10-2017, 08:51 AM   #22
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When thief tries to say, rent an apartment or buy a car, they have to check credit. We already have alert at credit bureaus, from previous hack on tax returns, for 7 years. Not sure if it's a freeze, but when I changed cell phone company, I had to answer a bunch of questions, like address 10 years ago and so on. Are we covered?
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Old 09-10-2017, 09:58 AM   #23
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More info please. I'm a AAA member and wasn't aware.
I'm out of town and using my cell phone. Not good at linking sites with this thing. Just Google 'free credit monitoring with AAA'. Should give you some links. It's just some basic monitoring. They try to suck you into a pay version for a more extensive plan.
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Old 09-10-2017, 11:53 AM   #24
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Better solution:

1. Have no credit cards
2. Pay everything in cash
3. Use only disposable cell phones
4. Never use credit for anything
5. Wear a hoodie at all times to avoid security cameras
6. Don't own a car or have a drivers license
7. Never vote or register for anything, including a library card
8. Don't file a tax return
9. Only use computers in public libraries anonymously
10. Live in a cave with no electricity

:no nono:

In short, if you do anything in 1 through 10, you life will change forever, you will be open to identity theft, government surveillance, hacking, and god knows what else.

Of course, I am being completely facetious. This is life as we know it now. There is no way to avoid the issues we all face. All we can do is be careful. Or, as someone famous once said "just because I'm paranoid doesn't mean someone isn't out to get me."
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Old 09-11-2017, 03:39 AM   #25
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So let's say my info has been compromised and somebody takes a loan in my name. Am I on the hook for it when I find out?
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Old 09-11-2017, 07:57 AM   #26
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None of us open's an account at a credit bureau. The data they have is what they gathered from other institutions like banks, credit card companies, mortgage lenders, medical offices, department stores, etc. It is data that was already 'out-there' but is now being sorted, consolidated and tracked as to payment and transactions. The number of times I have had to give my address, driver's license, birthdate, etc I find mind-boggling.

That said, I will continue to keep my credit information frozen and monitor my transactions on my USAA banking web page. If someone steals a credit card , I know I will get my money back, as this has happened several times before. If the IRS pays the wrong person, that's their payment problem as my refunds are kept as close to zero as possible. While I hope I never suffer identity theft, at my age, I find my health more important, than someone trying to be me. Life is short! Don't waste it in constant 'what-ifs". My two cents and I'm probably overcharging
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Old 09-11-2017, 08:55 AM   #27
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So let's say my info has been compromised and somebody takes a loan in my name. Am I on the hook for it when I find out?
I think this is how it can play out, but have not had it happen yet.

The collection agencies will think you are responsible for your debts and they will trash your credit score by reporting you are not paying, they will send you letters and phone you constantly.

They or the person/company/bank owed may even sue you in court to get a judgment against you and then seize your assets to pay the judgment.
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Old 09-11-2017, 09:04 AM   #28
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So let's say my info has been compromised and somebody takes a loan in my name. Am I on the hook for it when I find out?
No, you're not, but you have to prove you are not, and the process to do so is very cumbersome. Afterwards, the loan record will probably persist and continue to come up. The credit rating agencies are obligated to remove incorrect reports from your credit record, but they often do not. This is one of the top complaints to the CFPB.
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Old 09-11-2017, 09:06 AM   #29
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won't locked credit prevent a new loan?
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Old 09-11-2017, 09:09 AM   #30
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I had all my info frozen for years up until 3 months ago when I was filing for a car loan (didn't take it out though) and I had to unfreeze it. Never re-froze it again. I guess now I have to call the 3 credit bureaus (TransUnion, Experian, Equifax) and have a freeze put back on. Is this correct? Recommended?
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Old 09-11-2017, 09:13 AM   #31
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I had all my info frozen for years up until 3 months ago when I was filing for a car loan (didn't take it out though) and I had to unfreeze it. Never re-froze it again. I guess now I have to call the 3 credit bureaus (TransUnion, Experian, Equifax) and have a freeze put back on. Is this correct? Recommended?
I unfroze mine last year when I was refinancing my houses. Two weeks later I got an e-mail from the ID protection service that someone tried opening a credit card in my name. I called the CC company and locked my credit again through the service.

so YES, refreeze it
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Old 09-11-2017, 09:21 AM   #32
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won't locked credit prevent a new loan?
It should but then again we cannot be sure of anything anymore....
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Old 09-11-2017, 09:59 AM   #33
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I unfroze mine last year when I was refinancing my houses. Two weeks later I got an e-mail from the ID protection service that someone tried opening a credit card in my name. I called the CC company and locked my credit again through the service.

so YES, refreeze it
Thank you. Looking into it right now.
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Old 09-11-2017, 10:06 AM   #34
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Fyi - I just received the following from "TomsGuide" about the Equifax breach and a link to check if you may have been impacted.

https://www.tomsguide.com/us/equifax...ews-25804.html

It also allows you to sign up for their "free" monitoring, however, it appears you "may be subject to automatic renewal" (whatever that means).

MEMBERSHIP TERM. Unless terminated earlier pursuant to the terms and conditions of this Agreement, Your Product membership will continue for the period of time specified on TrustedID's website. If You receive the Product as a benefit of enrolling in, or purchasing, third-party products or services, Your Product membership may be terminated pursuant to the terms and conditions of Your agreement with the third party. As specified on the website, Your membership subscription may be subject to automatic renewal. TrustedID may, in its sole discretion, terminate this Agreement (or suspend, terminate, or otherwise restrict Your use of and access to the Product) at any time, without notice.
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Old 09-11-2017, 10:49 AM   #35
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won't locked credit prevent a new loan?
Frozen credit should. That is the point of going to the trouble.
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Old 09-11-2017, 10:51 AM   #36
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I unfroze mine last year when I was refinancing my houses. Two weeks later I got an e-mail from the ID protection service that someone tried opening a credit card in my name. I called the CC company and locked my credit again through the service.

so YES, refreeze it
You have the option of a temporary unfreeze for such needs.
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Old 09-11-2017, 12:21 PM   #37
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Thank you. Looking into it right now.
If they hacked essentially everybody's everything I cannot see how they wouldn't be able to unfreeze an account. They have everything they need to be a duplicate "You"
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Old 09-11-2017, 12:52 PM   #38
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If they hacked essentially everybody's everything I cannot see how they wouldn't be able to unfreeze an account. They have everything they need to be a duplicate "You"
The only way for them to unfreeze your account with Equifax is if they got your pin number. You're still have some protection with the other two bureaus.

I did not hear if they were able to get that information.
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Old 09-11-2017, 01:30 PM   #39
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from today's NYT. A few articles about the Equifax breach.

https://www.nytimes.com/section/your...=67857910&te=1
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Old 09-11-2017, 01:42 PM   #40
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The only way for them to unfreeze your account with Equifax is if they got your pin number. You're still have some protection with the other two bureaus.

I did not hear if they were able to get that information.
Exactly. That's why I say nobody has any reason to think they are safe.

In the military the rule was: If you can't find the code book, conclude that your codes have been compromised. Only now, of course, we cannot get "new codes" without inventing a heretofore never-lived life to take the place of the life we have been living which is now being sold to many on the dark net
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