Freeze your credit file!

I’m not one of those crazy fear mongers that like to talk about the end of the world, etc. I am an pessimist most of the time though. There’s been tons of blog posts and even the media has told people to do this. It used to cost money to freeze your credit file. Because of security breaches, the government made this free. You should take advantage of this. The reason I’m posting this is because there are still many people I know that haven’t done this and very few people that I talk to have. You’ll hear about a new data breach once every few months or so and sometimes it’s big, sometimes it’s not. Regardless, your information is probably out there for purchase on the dark web. Back when Scott McNealy was CEO of Sun Microsystems, he said “You have zero privacy anyway … Get over it.” I think it’s truer today than ever.

That said, even if you data isn’t out there, you should protect yourself. One important way is to freeze your credit report. The links are below, but they can change at any time.

Note: You can unfreeze anytime for free and it’s instantaneous, but if you’re looking to get a bank loan, mortgage, credit card or something else that will require your credit to be checked, you might want to do that before freezing your credit files. If you have already frozen your credit files and need credit cards, etc, just ask them which credit bureau they’ll be running. Most banks will tell you. When they do, you can do temporary lifts and it’s a pretty simple process.

https://www.experian.com/freeze/center.html

Experian was hacked a few years ago and gave up a bunch of T-Mobile customer data.

https://www.equifax.com/personal/credit-report-services/credit-freeze/

Oops. I couldn’t freeze on Equifax’ website. Ended up having to call them. 888-298-0045. At least you can do it through the automated system. No need to talk to a person.

https://www.transunion.com/credit-freeze

TransUnion was hacked in 2019 and shared a bunch of data on Canadians.

All credit bureaus have been breached at some point. They will be hit again. Please, freeze your credit files.

Some additional things to do are to keep an eye on your finances and monitor your personal credit report and financial activity. Nearly every bank now will also do credit monitoring for free. Sign up if you need to. If your bank doesn’t do it, find one that does.

This entry was posted in hacks, life, Money and tagged , , , , . Bookmark the permalink.

Leave a Reply