Happy to contribute!
Debe, I am happy to share and happy to hear you were already taking steps to protect yourself.
It is a huge concern for all of us
Jeff, thanks for your kind words.
Dick, mess may be a bit of an understatement.
Barbara, glad to hear about your positive experience with AMEX! I also had a situation last year over Christmas weekend.
Gary, always happy to help!
Sam,
Creditors will close accounts due to inactivity. This was put into place about 10 years ago if I remember correctly. One of the reasons, was to help prevent identify theft.
Sam, I recently had a client that was a victim of tax fraud. It prevented him from making a home purchase.
As I read the Q&A from Equifax, the TrustedIDPremier is free if you are one of the people at risk. They are offering up to $1 mil. if you are impacted, etc.
I saw on the news tonight that in the fine print of the Trusted ID Premier enrollment is verbiage that you are agreeing to not be a part of any potential future CLASS ACTION LAWSUIT against Equifax. I think we will be hearing more about that in the coming days!
Wow I didnt really imagine it as a Marketing ruse but I guess that is always a logical possibility.
MaryBeth Mills Muldowney
Great point!
All the best - Lynn
I heard that elsewhere, but I didn't see that "blind statement" to participate in class action. Either it's hidden, or it was deleted, or maybe I'm blind.
Just saw this post from the New York Post:
1. Under extreme pressure on Friday, embattled Equifax folded on its “no-sue” demands.
2. Will provide Trusted ID for a year.
I had heard this also!
I have been giving that advice to all of my clients since I started in the mortgage business.
See comment #20 and #21
Dave Halpern
Great comment!
All the best - Lynn
WOW, I also just heard that several top execs at Equifax sold stock BEFORE they notified the public of the breach! NOW, I have to say I am very disappointed and a bit angry!!
The Equifax executives who sold their stocks before the public announcement should go to jail. Isn't this insider trading?
It is a major concern for all of us.