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top 200 commentsshow all 387

[–]boxrtailor 1304 points1305 points  (75 children)

It is infuriating that the best solution for this situation is to pay these fucks money...

[–]thewhitelights 217 points218 points  (6 children)

There’s no one who deserves my money less than these assholes.

[–]DepressedGorilla 18 points19 points  (5 children)

What about the ta-li-ban in Af-gha-nistan

[–]Askmenothingok 54 points55 points  (0 children)

At this point...

[–]Banur 37 points38 points  (1 child)

In regards to ability to directly damage my quality of life...

[–]Ace1999 476 points477 points  (3 children)

Aaaaand that's the long con.

[–]Jazzspasm 148 points149 points  (1 child)

A protection racket:

“We’re gonna mess you up”

But i didn’t do anything. How can i stop this from happening?

“Pay us. Pay us regularly. Miss a payment, and it’d be a shame if something were to happen to you...”

[–]SuperSaiyan2589 2 points3 points  (0 children)

I get the eerie feeling someone is going to bust my kneecaps with a baseball bat...

[–]C0SM1C-CADAVER 151 points152 points  (24 children)

The best solution for me was fucking up my credit five years ago. No one wants my credit.

[–]Shittiesthipster 31 points32 points  (15 children)

Fuckin' bingo, dude. Go ahead, steal all my identity, I ain't using it. If I need to ever take out a massive loan, guess I'm fucked. But the upside is I haven't given more than five total minutes of thought to this whole fiasco since it broke.

[–]darkflash26 21 points22 points  (6 children)

i figure if i cant even get a sympathetic bank branch manager to give me credit, then someone stealing my identity cant get credit either

[–]bonestamp 31 points32 points  (4 children)

There should be a TV show where they steal your identity and then improve it. Kind of like a surprise home renovation show, but they renovate your credit and it takes like 7 years instead of a weekend.

[–]ilovemyloupo 37 points38 points  (2 children)

This happened to someone i know who had their ssn stolen by an apparently very fiscally responsible illegal immigrant.

The number was stolen when they were a kid and when they went to open there first account they had like 700+ credit

[–]foreveracubone 21 points22 points  (0 children)

That’s one of the good people Trump was talking about I guess.

[–]Muffikins 14 points15 points  (0 children)

Steal my identity plz fiscally responsible undocumented immigrants

[–]ilivetofly 1 point2 points  (0 children)

I know of this happening to stolen online accounts. Like your steam got breached, recover it a few years down the line and have new bought games on your account now.

[–]ilovemyloupo 8 points9 points  (6 children)

Except for the part when they default on all the shit they got when they ruined your credit and you spend the next five years trying to prove it wasnt you. And shitty strict processes to even do something like file your tax return:

Which is usually one of the first red flags people get, they cant file their tax regund cause someone else already has

[–]Shittiesthipster 1 point2 points  (0 children)

Yeah, that’s the major bummer of it all, I suppose. But I knew the price of admission going into this, I figure the juice is worth the squeeze.

[–]tiredmommy13 29 points30 points  (2 children)

Seriously. What a ducking ripoff

[–]walksalot_talksalot 21 points22 points  (1 child)

I see you are continuing from your phone. I to like to live Abernathy.

[–]PotatoforPotato 1 point2 points  (0 children)

Impossible not to be excommunication

[–]Friedpeaches 18 points19 points  (0 children)

In a couple decades we will discover there actually was no breach, and the credit bureaus fabricated it to get people to give them more money

/Tinfoil hat off

[–]merlinthemagic7 6 points7 points  (8 children)

Best option is to change your social security number.

A victim of identity theft continues to be disadvantaged by using the original number.

https://faq.ssa.gov/link/portal/34011/34019/article/3789/can-i-change-my-social-security-number

[–]Flanery 13 points14 points  (6 children)

When we assign a different Social Security number, we do not destroy the original number. We cross-refer the new number with the original number to make sure the person receives credit for all earnings under both numbers.

So it basically does nothing??

[–]BewilderedAlbatross 1 point2 points  (0 children)

But I finally memorized mine :(

[–]abrewo[S] 3 points4 points  (2 children)

I felt blindsided when I figured that out too.

[–]sinurgy 1 point2 points  (1 child)

To this day I still say that was a clean block.

[–]jackpaintsthestreets 137 points138 points  (14 children)

What exactly did Equifax do to get access to all of our information like this? Since this is a public company with this detailed information on every American, does that mean our information always available to credit monitoring companies like this?

Why do they get access to this information? And has anything been done to stop another event like this from happening in the future?

[–]Stroker 103 points104 points  (1 child)

Planet money did a good job explaining the rise of the credit bureaus and why they have so much access to our information.

https://www.npr.org/sections/money/2017/10/06/556212654/episode-798-bad-credit-bureau

[–]oprahselliptical 15 points16 points  (9 children)

when you sign up for a credit card/loan you agree to give them this info

[–]ILoveWildlife 21 points22 points  (8 children)

what if I don't have a credit card, but only debit (bank) cards that double as credit cards?

[–]DkryptX 7 points8 points  (4 children)

Wondering this as well.

[–]Echosniper 16 points17 points  (2 children)

Hey, I worked at Experian for a bit and can give some insight.

So the basics are if you never applied for anything credit related in your life, meaning no credit card, no loans, nothing, you have nothing on your record.

Now that should mean you're generally safe because you have never given your information to them, right? Well it's always better to be safe than sorry.

The best way to check your credit for free is Annual Credit Report. It's a website run by the government, not the Credit Bs and you get 1 free check per year.

Credit Karma and Experians free credit subscription are good places to get your report for free once per month, however it is free because you sign you are allowing them to sell your information online to ad agencies.

TL;DR: We're pretty screwed with this system either way you look at it.

[–]tonyMEGAphone 8 points9 points  (0 children)

Visa/MasterCard are the key masters, Equidouche is the gate keeper.

[–]Echosniper 2 points3 points  (1 child)

Hey, I worked at Experian for a bit and can give some insight.

So the basics are if you never applied for anything credit related in your life, meaning no credit card, no loans, nothing, you have nothing on your record.

Now that should mean you're generally safe because you have never given your information to them, right? Well it's always better to be safe than sorry.

The best way to check your credit for free is Annual Credit Report. It's a website run by the government, not the Credit Bs and you get 1 free check per year.

Credit Karma and Experians free credit subscription are good places to get your report for free once per month, however it is free because you sign you are allowing them to sell your information online to ad agencies.

TL;DR: We're pretty screwed with this system either way you look at it.

[–]ZiioDZ 11 points12 points  (1 child)

Things are going to get worse before it gets better

[–]paracelsus23 23 points24 points  (0 children)

Things are going to get worse before it gets better

FTFY

[–]gijoe411 634 points635 points  (57 children)

I did not ask for this!! Why should I have to give you money to keep my information, which I did not choose to give to you, safe, it's a classic mob move. Freezes should automatically be built into the bureaus policies, shouldn't they want the highest level of security??

[–]etcimon 153 points154 points  (30 children)

I still don't understand how phone verification is not a norm for this. When your information is shared or used in any way, they should make the person accessing the information pay for the automated system that asks your permission. Someone applying for a credit card under your name would automatically trigger it, and identity theft would be completely impossible. Even an email address has better security than bank accounts at this moment.

[–]Codeshark 109 points110 points  (0 children)

Because when they fuck up, you pay them. Why innovate?

[–]The_0racle 16 points17 points  (3 children)

The best solution is to encrypt and obfuscate the data to a point that the only people who can read it are the end users with the decryption key. At that point even deep breaches like full db exports won't be a problem.

[–]Jlove7714 8 points9 points  (1 child)

That can't really work. The sacrifice to data availability would make their service basically useless.

[–]Thrillhau5 2 points3 points  (0 children)

I believe Bloom is trying to do this actually.

[–]Arnold_Mal 1 point2 points  (0 children)

They're somehow benefiting from the insecurity

[–]Ace1999 93 points94 points  (2 children)

Racketeering.

[–]Reed18 12 points13 points  (1 child)

What’s this got to do with rocket league?

[–]shafe1 6 points7 points  (0 children)

There really needs to be an opt out for some company you don't do business with storing your information... why isn't this a thing?

[–]TheRealBigLou 26 points27 points  (19 children)

Actually, when you apply for credit, it says in the clause that you will be using these services. I'm not excusing them in any way, but technically you did sign off on giving them your data.

[–]CubicleFish2 69 points70 points  (17 children)

His point is that there is no way to avoid it. You don't have any other options.

[–]TheRealBigLou 46 points47 points  (0 children)

You could live off the grid and eat berries!

[–]mckinnon3048 21 points22 points  (12 children)

Don't use credit, but everything upfront with cash... /S

This shouldn't be a /s but the system is designed in such a way that only the moderately wealthy can avoid loans entirely... Homes become unaffordable if they take 30 years to save up for (really longer because in addition to saving for the non-mortgage you're going to bed paying rent that you wouldn't be paying had you been living in the home) 10+ years to afford college...

It's a great idea if you have latent wealth, and good income up front, and can essentially not have expenses... But in the real world someone making 35,000/yr can never progress without investing in themselves via loans/credit.

[–]Mattho 5 points6 points  (11 children)

Houses are that expensive only because people don't pay with their own money. Also, you don't have to own a house.

[–]GracchiBros 6 points7 points  (9 children)

Also, you don't have to own a house.

No, but you can either choose to own something else which has the same problem or rapidly loses its value, or rent and completely throw your money away.

[–]Mattho 1 point2 points  (4 children)

I don't see renting a city-owned flat as throwing money away. As for privately owned, maybe, but so is paying mortgage, the banks profit.

[–]Into-the-stream 7 points8 points  (3 children)

Many people use their houses as investment and retirement funds. If your renting, the money you would be putting into your house that you retrieve when it sells, is going to the landlord and becoming non-retrievable. I can pay into my mortgage for ten years, and at the end I'll sell and have $100k in my bank account. You pay the same in rent and after 10 years you have nothing.

[–]powpowshredder 1 point2 points  (0 children)

Tell that to people who bought a house in 2007....

I’m being a little flippant, but really home ownership is not a “sure win” and really isn’t for everyone. Renting is a great (even the best) option for a variety of circumstances.

[–]abrewo[S] 7 points8 points  (0 children)

Yep, exactly this.

[–]geren27 77 points78 points  (1 child)

At this point I just assume all my information is out there somewhere and it's just a matter of time.

[–]abrewo[S] 12 points13 points  (0 children)

As do I but I figure it's better putting a freeze on your stuff instead of having it happen to you and you're forced to dig yourself out of this hole.

[–]_justaregularperson 186 points187 points  (13 children)

What the fuck is Innovis now?! Never ever heard of it and I'm in my mid 20s and generally consider myself financially literate.

Anyway, froze my credit with them too. Thanks, OP!

[–]KismetKitKat 54 points55 points  (7 children)

I feel like I could start a credit checking company just to get people to pay me to freeze their account.

[–]PM-me-your___ 34 points35 points  (0 children)

What's stopping you? Screwing your fellow Americans is what's hot right now! /s

[–]sexual_inurendo 11 points12 points  (5 children)

1 credit freeze plz

[–]tonyMEGAphone 10 points11 points  (0 children)

I'd prefer a credit blizzard.

[–]frausting 1 point2 points  (3 children)

Can I get uhhhhhhhh small credit freeze

[–]Masterdill22 22 points23 points  (2 children)

(Domt quote me, I'm not 100%)

I believe they are a credit bureau that focuses on business credit decisions.

Like of you were applying for a business loan to open a restaurant or gas station.

[–]PM_ME_COCKTAILS 16 points17 points  (0 children)

If that's the case, it makes sense that most people don't know about them

[–]GeekBrownBear 11 points12 points  (0 children)

Their primary business is credit portfolio management. They are mainly business to business. Instead of dealing with that auto loan or store card to Sears, they deal mainly with other financial institutions for large scale credit analytics.

[–]anonymau5 38 points39 points  (0 children)

Yeah never heard of these fucks and I already resent them

[–]abrewo[S] 1 point2 points  (0 children)

Honestly, I'm probably more financially illiterate, but hey, it was the least I could do!

[–]pharmkid 25 points26 points  (0 children)

If you forget your password, don't worry. You can give them the information that was stolen to get it unlocked!

[–]PupuleKane 20 points21 points  (0 children)

SHIIIT...I lost my financial identity YEARS ago when I opened a Wells Fargo Account. Equifax aint shit compared to W.F.

[–]prisonsuit-rabbitman 17 points18 points  (0 children)

these institutions are the reason why satoshi nakamoto invented the gun

[–]tiredmommy13 103 points104 points  (25 children)

I always thought credit was a scam.

Have no credit history? No loan for you!

Have credit history, but not long enough? High interest rate for you!

Have great credit history? You’ll never achieve the perfect score no matter how hard you try!

[–][deleted] 79 points80 points  (14 children)

Yup. There are people out there that never missed a single payment ever. Not even once. No late, full amount, all the right steps. And their credit is less than perfect.

It's one big fucking scam.

[–]tonyMEGAphone 37 points38 points  (2 children)

At my peek of having decent credit, the only thing from stopping me from being at the top was not being rich, but then why would I need credit?

[–]savagestarshine 1 point2 points  (0 children)

because rich money gets tied up in investments with variable liquidation times

but i get your point

[–]interpretivepants 16 points17 points  (0 children)

Years ago starting out I missed a payment to see what would happen. Next month: “congrats you’ve received a higher limit!”

[–]Aero72 5 points6 points  (9 children)

I had six cards charged off in 2003. Was a poor stupid former student/college dropout without understanding of how credit works. And got to the point where every card I had was over the limit and couldn't make even minimum payments by using one card to pay another.

These days my credit score is 790-805. Didn't do anything special. It just takes time.

The worst thing for my credit is when I do periodic requests for credit line increases with my existing cards. Those (sometimes) result in hard inquiries. And that lowers the score.

Other than that: no, the system isn't rigged against you. Nobody is out to get you. The man isn't holding you down. (And that applies not just to credit, but to pretty much everything else people love to bitch about.)

[–][deleted] 9 points10 points  (5 children)

So I was wrong and it is fact possible to get a perfect score?

If not, I have no idea what your argument is.

[–]Wartz 2 points3 points  (0 children)

The too long; didnt read is pay yo fuckin bills and don’t buy stuff you don’t need.

[–]dmanexe 35 points36 points  (3 children)

It is a scam. They only lend money to people who don't need it

[–]cortesoft 1 point2 points  (0 children)

If that was true, there would be no loans in the world.

[–]cortesoft 6 points7 points  (3 children)

How should it work? Should some guy who has defaulted on thousands of dollars of loans get the same interest rate as someone who has never defaulted?

Someone loaning money out needs to have SOME way of deciding how likely they are to not pay it back. The system isn’t perfect, but I have never heard alternatives that are better.

Yeah, it sucks that someone who has always paid back what they borrow doesn’t have a perfect credit score, but there are other factors, too. I don’t care how great you have been at paying your $500 a money credit card bill, I am not going to loan a million dollars to some guy who makes 20 grand a year. Even if you both have always paid your bills, loaning money to the person who makes more money per month is less risky, because they are better able to absorb unexpected expenses.

I am curious if you have an idea about a better system. I am all on board for making it more fair and equitable.

[–]tiredmommy13 1 point2 points  (1 child)

Unfortunately I don’t have a better idea. Maybe lower interest rates for those just getting started until they prove their credit worthiness?

What I do know, however, is how hard it is to get started as an 18 year old with broke parents and no education on how to create a successful financial outlook.

I have excellent credit and have been working my entire adult life to earn it, but have never received a perfect score. Is it even possible??

My suggestion would be to educate children on credit and finances overall before they are on their own. I do this with my children but I would have greatly benefited from this type of education as a teen.

[–]Crim91 90 points91 points  (36 children)

Agreed, freeze all accounts. Took me about 10 minutes. Worth saving weeks/years of headaches down the road.

[–]PM_ME_SUM_SNATCH 81 points82 points  (19 children)

I'm still iffy about needing to remember a password and pay $30 or whatever every time I want to apply for a loan for the rest of my life.

[–]humaniteer 35 points36 points  (1 child)

Just tattoo it on your face, and tell people it's from your time in prison.

[–]abrewo[S] 5 points6 points  (0 children)

Too easy, hackers would decipher that in a jiffy.

[–]Gigglestheclown 28 points29 points  (1 child)

Some states passed laws that require credit freezes to be free. Check whether your state is one of them. As for remembering a passcode/password every time you want to apply for a loan or new line of credit, when was the last you did not have your phone on you? While not the safest place, a password manager that has a mobile app would work pretty well I assume.

[–]sparkster185 22 points23 points  (2 children)

Completely understand the hesitation, it took me like six months after the big breach to finally put freezes on my credit. I decided it was worth an inconvenience of a few minutes, or even a couple hours, on the infrequent occasions I need a new credit line to temporarily lift the freeze. I decided that the immense pain in the ass that it is to have your identity stolen just isn't something I want to risk. Smart thieves won't use this data right away either, and I really don't want to be looking over my financial shoulder for the rest of my life because of some company's negligence.

I'm pretty sure you don't need to pay the fees to put a temporary lift on the freezes, it's just a one time cost to establish them. I went through the process a couple of months ago and that's what it sounded like, perhaps I misunderstood what I got myself into.

Edit: I've been informed that fees to lift freezes vary by state.

As for remembering the passwords, get physical copies of them and put them in a very safe place, like a safety deposit box or fireproof safe.

[–]cortesoft 2 points3 points  (0 children)

So, about 15 million Americans get their identity stolen every year, giving about a 5% chance per year of having your identity stolen. That means if you need to use your credit once a year, and it adds 30 minutes to the time it takes to use your credit, it is only worth freezing if it takes more than 10 hours of work to fix your identity being stolen.

[–]itsyoda 15 points16 points  (3 children)

When the big breach was in the news I put a freeze on my credit with all three of them. I just recently applied for an increase in my credit line on an existing card and a few months later applied for a new card with a different company. Both times they called me a few days after applying and let me know there was a credit freeze on my account. All they needed was to call through to the credit bureau with me on the line, then I gave the credit bureau the PIN I was assigned when I got the freeze. They then exchanged whatever info they needed and that was it. I wasn't charged again for unfreezing and freezing my credit. I don't know whether this is a standard experience, but it was mine with two different companies going to two different credit bureaus. It was relatively simple, and was definitely worth it for me.

[–]discoleopard 1 point2 points  (2 children)

What state do you live in? This varies by state. In some states, those fuckers can charge you as high as $36 each time you want to temporarily lift the freeze.

[–]itsyoda 2 points3 points  (1 child)

California. It was like $10 or $15 each for the original freeze, but nothing for the temporary lifts since then. I'll add, since it happened this morning, that this procedure was the same with another company when applying for a car loan.

[–]discoleopard 1 point2 points  (0 children)

That's good to know, thanks for the input.

It absolutely makes my blood boil we have to pay them because they can't keep our information secure. This should all be free.

[–]kwiltse123 9 points10 points  (2 children)

Verify this of course, but I believe a credit freeze only lasts for 7 years.

[–]SugaRush 4 points5 points  (0 children)

Depends on your state.

[–]abrewo[S] 6 points7 points  (0 children)

Yep! 7 years is the max. Read that somewhere, not sure which article. :)

[–]alfredmuffin 1 point2 points  (0 children)

Consider using a password manager.

[–]livnlife 7 points8 points  (2 children)

What do you do after you freeze accounts? Just keep them frozen?

[–]RoboCozz 4 points5 points  (1 child)

Yes. You have to unfreeze at least one of them whenever you want to open a new line of credit though (buy a car, rent an apartment, etc.).

[–]nutmegtester 5 points6 points  (0 children)

To know which one(s), ask the entity who is providing credit which bureau(s) they use.

[–][deleted] 9 points10 points  (3 children)

Except I don't wanna pay money to unfreeze it and God help you if you forget your passwords.

Even freezing your credit is a shit option.

[–]r3dt4rget 4 points5 points  (2 children)

It’s a lot cheaper and easier to freeze/unfreeze your credit than spending years trying to undo the damages of identity theft. We shouldn’t have to freeze our credit but in the reality we live in, it’s the best option. As for remembering your password, I highly recommend a password manager. All my online accounts have random, strong passwords. All I have to do is remember one master password to access my database from my browser or phone.

[–]allkill 9 points10 points  (3 children)

How? Any guide would be really helpful.

[–]Breadsecutioner 18 points19 points  (1 child)

It's recommended to put a freeze at all four credit bureaus: Equifax, Experian, TransUnion, and Innovis.

I just did it. In my state it was $5 for each of Experian and TransUnion, and the other two were free. Probably took about a half hour with stashing the info safely. Also Innovis will send you physical mail rather than give you information online.

[–]Minniesnowda 2 points3 points  (0 children)

Same fees for me, seems cheap for the peace of mind it brings. All the security stuff went straight into my safety deposit box.

[–]RoboCozz 5 points6 points  (0 children)

You just go to the websites and click “credit freeze” then follow the steps. Just google “equifax credit freeze”, “trans union credit freeze”, and “experian credit freeze” to find the websites.

[–]Cyno01 1 point2 points  (1 child)

What data are they using to verify that its you to unfreeze it that wasnt in the breach? I thought i read that this one had the mothers maiden name, street you grew up on, first make of car kinda info too.

[–]sluggles 13 points14 points  (2 children)

I was told that freezing doesn't really protect you either because if you forget your PIN, they use your SSN to give you a new one. Is this true? It still seems like it would protect you, because I doubt a criminal is going to go through that when they could just go to the next person's info.

[–]SuchaPlainDude 14 points15 points  (1 child)

To get the PIN you have to write in with proof of identification. If however, you forget and just want to unfreeze it, it takes a brief five minute phone call requiring personal information I.E. your bank accounts balance, credit card limit, past employers, previous residence, and/or favorite cake topping.

[–]anonymau5 41 points42 points  (8 children)

Why should I have to remember 4 more passwords and pay money to do this? This is bullshit

[–]Kacke0525 4 points5 points  (0 children)

I agree. I'm in the middle of expanding and improving my credit/credit score. Inconveniencing myself is just stupid.

[–]TheDaveWSC 22 points23 points  (13 children)

Nobody in here mentioning CreditKarma? Free credit monitoring. You can check your score as often as you want, they alert you to any changes... It's pretty ideal. Won't protect you from harm but will help you notice quicker.

I'll be damned if I'm going to give Equifax a cent of my money as a reward for fucking me in the first place. I'll just heavily monitor and deal with any fallout.

"Hey I know you guys lost all my personal info. I'm gonna give you each $15 and this time REALLY keep it secret, okay? Thanks."

[–]Elethor 2 points3 points  (2 children)

Just a heads up for anyone else like me who just now found about CK, if you've already frozen your credit you'll have to unfreeze them before CK can do anything.

[–]abrewo[S] 2 points3 points  (7 children)

I've never used it but definitely signing up for this. Keep in mind that a credit monitoring service doesn't necessarily prevent you from getting ID theft, having a freeze on your credit will prevent this, full stop.

[–]TheDaveWSC 2 points3 points  (6 children)

Yeah, it's more of an alert than any kind of actual protection. But hey, it's free. Can't hurt.

[–]abrewo[S] 2 points3 points  (5 children)

u/EchoSniper who claims to work for Experian mentioned this...

The best way to check your credit for free is Annual Credit Report. It's a website run by the government, not the Credit Bs and you get 1 free check per year.

Credit Karma and Experian's free credit subscription are good places to get your report for free once per month, however it is free because you sign you are allowing them to sell your information online to ad agencies.

TL;DR: We're pretty screwed with this system either way you look at it.

[–]AgLi3R 9 points10 points  (6 children)

Even if I am not living in US?

[–]abrewo[S] 7 points8 points  (5 children)

Depends where but from what I read, security writer Brian Krebs mentioned this in his write-up:

Q: Was the breach limited to Americans?

A: No. Equifax said it believes the intruders got access to “limited personal information for certain UK and Canadian residents.” It has not disclosed what information for those residents was at risk or how many from Canada and the UK may be impacted.

[–]AgLi3R 6 points7 points  (4 children)

I am in South East Asia not North America.

[–]ExTeaSea 4 points5 points  (1 child)

Didn't you read the title?

THIS IMPACTS YOU, NO MATTER IF YOUR IDENTITY WAS STOLEN OR NOT /s

Obviously it doesn't

[–]AgLi3R 1 point2 points  (0 children)

Ahh. Okey, then. Time to get angry at my government for doing something wrong again.

[–]abrewo[S] 2 points3 points  (0 children)

I wouldn't be too worried if I were you, but don't take my word for it.

Edit: If you're a Brit, an American, or Canadian living abroad chances are higher that you may be impacted by it.

[–]amt628 2 points3 points  (0 children)

I was living in South East Asia when the info was stolen and mine was included in it. I am from America though not sure if you are as well but it might make a difference.

[–]Iseden 7 points8 points  (6 children)

If I am a 23 y/o college student who only has a bank account and debit card, no credit cards/bank loans am I effected by this?

[–]jarsnazzy 7 points8 points  (0 children)

No you're affected

[–]abrewo[S] 2 points3 points  (0 children)

Great question, I wondered about this too!

[–]piranhamahalo 2 points3 points  (0 children)

Might wanna double check with your parents. I was surprised to find out my mom had put me on all her credit cards (since we both use them), so whatever she does with those in terms of payments reflects on my credit.

Oh, and she put a credit freeze on all our accounts in the family (without my knowledge) and lost the fucking password to unfreeze them. This has been a fucking nightmare.

[–]Chili_Palmer 1 point2 points  (0 children)

Do you have a cell phone? Because that's something that requires a credit check, as well, so The bureau may have gotten your info that way

[–]ilivetofly 1 point2 points  (0 children)

Probably affected. Odds are your school will have given you some loan even if it's a small portion and not what other students have as their loans.

Ofc if you have never gotten a student loan, or ordered something from say a catalogue or other loan like service your cool.

[–]Phylar 8 points9 points  (1 child)

Sooooo...it absolutely slipped my mind:

When I froze 3 of the 4 accounts I was given a password for each one...except Equifax. I swore under my breath when the recording rapid-fired my password at me and it took that as permission to hang up. I never recieved any emails. I never received any traditional, physical mail. I literally have absolutely zero idea what my password is at this point months later.

What can I do?

[–]ilivetofly 1 point2 points  (0 children)

Call them. By the sound of things you may have to mail them ID or do something to have them send you another password/PIN. You don't lose anything by calling them, well outside the cost for the line or your precious hours of your life.

Better to fix it before you need it rather than waiting when you do need it.

[–]smb275 6 points7 points  (2 children)

Ha you can't steal my identity when it was already thoroughly ravaged by the OPM databreach a couple years back.

Nice try, identity thieves, you can't steal stolen goods!

[–]wwwhistler 10 points11 points  (0 children)

my wife was part of the OPM data breach. i was part of the "security clearance" breach. i was part of the Nevada MMJ data breach. i was part of the Equifax data breach.

not a single one of those was my fault. in every one of them i had no control of my data others did and they ALL failed miserably.

and for some reason it is entirely up to me to repair the damage. those responsible refuse to assist me or any of the millions of others in any meaningful way.

[–]daisytrench 6 points7 points  (1 child)

Oh fuck, there's a FOURTH credit bureau?

Edit: read comments ... holy shit there are five of them now?

[–]abrewo[S] 3 points4 points  (0 children)

I had no idea either, apparently there's a fifth one too but trying to figure this part out. Apparently it's a 'Real-Time Credit Bureau' - Clarity Services but I'm not so sure.

[–]skycruiser 5 points6 points  (2 children)

I’m an American who’s lived in Canada for over 10 years. After the breach it was a huge hassle even to get my free credit reports because the agencies want your “current address” for verification - really this means your last US address because that’s the only thing their systems understand. Fine, whatever, but although I also sent multiple letters explaining my situation, one of them (Equifax, of course) still sent the damn report to a previous address where my family has not lived in years. It took a while to contact the current residents and they eventually mailed the documents, but it took far longer than it should have to straighten it all out.

So I’m wondering, has anyone else dealt with this from outside the country? I would like to freeze all my US credit since I’m not going back anytime soon, but I don’t want all these passwords sent out to some random people simply because they can’t fathom the concept of Americans living abroad. Ideally this could all be resolved in person on the phone, but on my experience you can’t actually speak with human agents unless you pay for credit monitoring. Any advice?

[–]amt628 3 points4 points  (1 child)

Any chance you have family willing to help you in the US? I currently live in Japan and had issues putting my APO address in because it counts as a PO box. I am waiting for the day to start in the US so I can putin a family members address and then have them ship to me.

[–]starking12 6 points7 points  (1 child)

The whole process makes it feel like a scam

[–]abrewo[S] 2 points3 points  (0 children)

Yeah... feels like I'm a scum too now that my credit is all meddled up in this clusterf%&$, but what gives, I rather do a freeze instead of doing a monitoring service that they can just charge me more $$ of.

[–]Sonarav 3 points4 points  (1 child)

Thank you so much for all of the helpful info and for finally pushing me over the edge to do this. I was ignoring it, putting it off and this was the motivation and helpful info I needed. I was able to freeze with all 5 and only had to pay for 2 of them.

[–]chretienfilsdubois 3 points4 points  (0 children)

How is Equifax even still around after this? This is not fucking OK.

[–]sadop222 12 points13 points  (1 child)

Only if you live in the wrong country.

[–]uppldontscareme 2 points3 points  (1 child)

Does this apply to Canadians too? I'm soooo confused :(

[–]abrewo[S] 4 points5 points  (0 children)

Yep, unfortunately.

From what I read, security writer Brian Krebs mentioned this in his write-up:

Q: Was the breach limited to Americans?

A: No. Equifax said it believes the intruders got access to “limited personal information for certain UK and Canadian residents.” It has not disclosed what information for those residents was at risk or how many from Canada and the UK may be impacted.

[–]ronindavid 2 points3 points  (1 child)

I try really hard to spin negative things into positive (god knows it's not easy since the Great Recession).

One positive is that by locking up all our credit and all of us doing credit checks, our credit is safer than ever. Also, now that we have to spend $10 to unlock it just to apply for a line of credit, it will force people to really evaluate whether if it's really worth the hassle or not. More often, people generally fuck up their own credit compared to being a victim of identity theft.

Like I said, I'm trying really hard to spin this into something positive.

[–]pecklepuff 2 points3 points  (1 child)

Good advice. I've been wondering if there's any kind of class action suit being set up against Equifax and any other financial company that is so negligent. I know each person wouldn't get much, that's not my goal. I just think these bastards need to pay a massive fine. I'm guessing the government is going to just let them get away with this.

[–]taytermuffin 2 points3 points  (2 children)

How long do you freeze your credit for though?

Wouldn't this also prevent you from building credit while it's frozen?

[–]captenredbeard 2 points3 points  (0 children)

Best question here... OP plz

[–]abrewo[S] 2 points3 points  (0 children)

How long do you freeze your credit for though?

You can freeze it for upwards of 7 years max at a time.

Wouldn't this also prevent you from building credit while it's frozen?

I honestly don't know but my best guess is that I don't think this'd prevent you from building credit if you already have existing lines of credit open, since nobody can open a new line of credit in your name and as long as you do your payments right/minimize your risk.

[–]JimBroke 18 points19 points  (4 children)

Not if you're not American it doesn't

[–]gijoe411 11 points12 points  (3 children)

Q: Was the breach limited to Americans?

A: No. Equifax said it believes the intruders got access to “limited personal information for certain UK and Canadian residents.” It has not disclosed what information for those residents was at risk or how many from Canada and the UK may be impacted.

[–]thebitchrake 9 points10 points  (2 children)

From what I've been told, we can't put freezes on our credit in Canada, either. It was a big point made when the breaches came up originally.

[–]lypur 1 point2 points  (0 children)

Great advice. Will freeze.

[–]what_the_deuce 1 point2 points  (1 child)

What should i do it I'm overseas?

[–]sakgupz 1 point2 points  (0 children)

Say if you nothing to begin with, does it still impact you then?

[–]Tartwhore 1 point2 points  (3 children)

Thanks for this. Got me off my ass to do it. Only one that didn't work online was Experian. I have to mail stuff to them and pay $10. What a hassle.

[–]abrewo[S] 1 point2 points  (1 child)

I hate the fact we have to pay them to "secure" our info.

[–]brosenfeld 1 point2 points  (0 children)

If you're a Walmart employee, consider yourself impacted.

[–]terencebogards 1 point2 points  (0 children)

Did this in NY state, where it's free to freeze. It was kind of easy, but basically took a half hour to complete by phone.

In NY state it's FREE to freeze and unfreeze. It costs about 5$ to to temporarily lift the freeze (i think for 30 days?), so if you're looking for apartments, applying for credit cards, or buying a car, need a loan, etc... it'll cost you a couple bucks

totally worth the piece of mind knowing that people can't open lines of credit in my name

In the USA, over 140 Million Americans had their info leaked. PRETTY EASY to assume you're one of them. Freeze your credit!

[–]Scarlet_Corundum 1 point2 points  (0 children)

What was worse, is when this originally happened, I went to freeze my credit, and at least two of the big three had links for "FREEZE your credit" that led to a sign up form for their PAID monitoring service. Look at the fine print carefully. Luckily it looked fishy to me, and I saw the real teeny tiny link at the very bottom for "or Just FREEZE your credit" The three big ones waived the freeze fee, but I will pay a fee to unlock them. The fee is limited by your state, so if you went down this path and want to unlock your credit, you should make sure they're not overcharging you... and I believe that you can unlock for specific events, like for your mortgage company to qualify you for a new loan, etc. so as to not leave yourself wide open. I reacted right after the news, and with diligent effort it still took me three days to completely lock down my accounts for various reasons... long waits on the phone, websites being down, websites leading to hacker sites. SUCH UTTER BS.

[–]cohengabrieln 1 point2 points  (2 children)

I put a freeze on all three back around when the big breach happened. Now, I'm applying for work. What are my options? It hardly makes sense to freeze and unfreeze each time for each new place I apply. What do you recommend?

[–]13ANANAFISH 1 point2 points  (0 children)

This is a day late and a dollar short

[–]spud4 1 point2 points  (0 children)

At one time you could buy a zip of 10,000 for like $15 sorted to all have drivers license for not much more. Does anyone really think that they bought those to use right away? Jan 2019 copy and sell it's not like all these folders are ever going away and nether is your ssn or driver's license number. Years from now what do you mean I'm already retired and drawing.

[–]fgutz 1 point2 points  (2 children)

I was able to put a freeze on all 3 immediately after the breach and was not charged a dime. I keep reading that one of them might charge you but I haven't received a letter or a notification or email or anything asking for money. Has anyone else experienced this as well? I'm in the US if that affects anything.

[–]abrewo[S] 1 point2 points  (1 child)

Each state has different fees, some are free while others aren't.

[–]neotrance 1 point2 points  (1 child)

@op what if I have never had credit or a credit card?

[–]Brodusgus 1 point2 points  (0 children)

Honest question, why do these firms have rights to our SSN?

[–]Mugnath 1 point2 points  (0 children)

The best solution for now is to pay them after they screwed everyone, until at least they get all that data stolen too. Who the fuuuuuck would still trust the same company to protect them. Unbelievable. Can't believe people are paying them for security, something they have proven to be incompetent at before.

[–]mamacat49 1 point2 points  (0 children)

I had actually written myself a calendar note to check this again in a few days. Tried to do it all this morning,just to make sure I had a freeze everywhere. I was successful with Experian and Transunion. Never heard of Innovis, but will receive my stuff from them IN THE MAIL next week (did I click something wrong? No, that's how they do it). Equifax--what a screw up still. Entered my username and PW, nope. I must be wrong...ok, now, on second attempt, I'm locked out. Called and was told to use a different browser. OK..did that (from Chrome to FF). Still can't get in. Called again and talked to someone and he sent me an email to update my PW. Didn't click on the sent link, went directly to the site, put in username (verified as being correct one) and new temp PW. No go. Tried again. Nope. Got another email with temp link. Nope. Seriously? I still can't get into my account, even though, at the top of the page it says "Welcome, mamacat49." I've tried at least 10 times now and still can't get it. And after the 2nd phone call and the crappy attitude of the rep, I'll never call them again. I hate them more than any company out there. They potentially screw up MY life and then have no way for me to try and fix it. I hope the snow never melts where they are and that their windshield wipers stay frozen forever.

[–]raddits 1 point2 points  (0 children)

You should know my credit is so trash they couldn't even open a loyalty punch card at my local coffee place with my identity. It's the best protection of all.

[–]OD2095 1 point2 points  (0 children)

Nah I'm good. I don't do business with them. TransUnion man over here. A great company that respects trans people.

[–]pilotdog 1 point2 points  (0 children)

Nah I will just pretend everything is fine and go on my merry way.

[–]nukeomg 1 point2 points  (0 children)

I'm from UK and have no idea what Equifax is. should I still be concerned

[–]TheDemonator 4 points5 points  (0 children)

It's funny how most of us have forgotten about this and moved on. Like a breach here at equifax is arguably the worst kind of breach...

[–][deleted] 4 points5 points  (3 children)

  • My credit is shit.

  • I refuse to give these fuckers money.

  • Chances are any criminals identity is more valuable than mine seeing as how I cannot even fucking start a utility without a hefty deposit.

This reeks of Hail Corporate

[–]wwwhistler 4 points5 points  (0 children)

as someone said......someone stole my identity and now i have a better credit score.

[–]Dotsonmepickle 0 points1 point  (6 children)

You're missing one of the credit bureaus, there should be 5 if you want to be safe.