Suspicious Equifax put buying before the news broke

[Sig]

One would think that it would be in the credit issuer's best interest to verify that they are issuing credit to the person that they think they are. Because if identity theft occurs, doesn't the credit issuer ultimately end up paying for it?

In my experience it was the credit issue who took the loss I assume, so good point. I actually never even communicated with them, just saw the credit overdue on my credit report for companies I'd never worked with under addresses a thousand miles from where I lived and disputed them as well as filing a police report that I had to include with the dispute.

 

[Banjo]

https://www.bloomberg.com//news/art...tructing-fake-people-to-get-real-credit-cards

 

[Pekelo]

I wonder how much those puts are worth now? From $140 to $90, assuming they haven't cashed it out yet...