Should You Really Freeze Your Credit?

Let's Face the Equifax

Two-thirds of all Americans with credit reports had their information accessed during the Equifax 'data breach.' That is insane.

By now you've heard how the scandal is compromising millions of Americans' personal data. Richard Smith, CEO of Equifax, testified in front of Congress that Equifax "...didn't really understand the severity of the breach and did everything they could." 

Beyond this being unacceptable for so many reasons, it brings up a conversation around protecting yourself in today's digital age.

 


How Does This Data Breach Impact You & Your Future? 

 

It's time to freeze your credit.

It's not up to anyone but yourself to protect your most important information. 
 

YOu HAVE TO BE THE ONE TO TAKE RESPONSIBILITY FOR YOUR digital SAFETY.


You are the victim. I am the victim. We're the ones left worrying about identity theft even years from today.

 

Freezing Your Credit Is Simple. 

I had a client come in recently worried that freezing his credit would affect his credit score and credit tracking. It won't.

Freezing your credit stops all new credit from being taken out unless you provide your unique PIN. Freezing it stops anyone who may have your information from creating new credit in your name.

The minor inconvenience of providing a PIN dramatically outweighs the risk of having your assets and identity compromised.

 

 

Listen to The Full Show:

Hear Chris unpack this major scandal that puts you at risk. The Equifax data breach should open our eyes to a new frontier of risk exposure. Listen for what steps you can take to protect yourself.  (Listen in at 5:52).

 
Girl-In-Jacket-Outside-Freezing.jpeg

Key Quotes:

"A year before the hack, an independent study by MSCI gave Equifax a score of ZERO for privacy and data security. If we couldn't see this coming, Equifax definitely should have."

"The people who advise against freezing your credit are likely lenders and their mouthpieces."
 
"Don’t rely on Equifax or anyone else for your security."

 

 

A GREAT LINK To LEARN MORE: