In lieu of Equifax’s breach, questions are spinning around whether victims should freeze their credit or sign up for the free credit monitoring Equifax is now offering. Here’s our advice to keep you and your credit out of danger:
1. Instead of paying for credit monitoring, monitor your credit by using your free credit reports from www.annualcreditreport.com. If you’ve already used your free report, buy a credit report directly from reporting agencies once every three months for the next year.
2. Though it is not required, if you want to be extremely cautious, freeze your credit. After one year if you do not have an issue, unfreeze it.
*Please be advised that unfreezing your credit can be a frustrating and time consuming process*
3. Do not accept the Equifax Free Credit Monitoring offer as it may affect your right to be a part of a class action lawsuit or sue directly.
4. Do not accept any calls from Equifax. THEY WILL NOT CALL YOU. Scammers are already taking advantage of this window of scam-opportunity!