Steps to take after the Equifax hack

ET180 said:
You don't have a choice. If you live in the US, and maybe other places, they have your credit information and will sell your info to other companies without your consent. It's an opt-out program where you have to pay to opt-out. Makes no sense to me. The way it should work is that they contact me every time someone requests a credit report on me (could be through phone, e-mail / IM, etc.). Then I give them permission if I want the report to be released. That would stop most credit fraud. Instead, they just hand over my personal financial information to anyone willing to pay for it without even asking me. It's a very broken system.
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Sounds suspiciously like identity theft, the way you put it.
 
Here4money said:
They got lobbyists so it's legal.
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Ok (actually, not ok). Obviously there is a need to determine who is credit worthy. I don't dispute the ends, just the means. Consumers should have rights over anything related to them. My pii, credit history, etc, is mine, not yours (meaning Equifax, et al).

And probably no one really cared too much about it (myself included) until something like this happens. Credit reporting has always been a fact of life here for many years.
 
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This story isn't getting nearly the attention it deserves. Imagine somebody just suddenly decides to dump all the info on the web. How will any bank have the balls to issue credit if they can't verify anybody's identity? Whole economy comes grinding to a halt. More likely, all 143 million (minus the handful of us who freeze our accounts) identities get predictably stolen, one after the other. Economy still comes grinding to a halt. Just a little bit slower.
 
anyway to put a freeze w/o giving these people more of my info or my money? I can't even do it online because they don't believe I am me.
 
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