While things get sorted with Equifax, you can minimize the damage with identity theft with these steps:
Grab your credit report. Request a copy of your credit report from AnnualCreditReport to make sure it’s accurate. You’re entitled to reviewing all 3 of your reports for free.
Freeze your credit report.Freezing your report does NOT affect your credit score and you can lift it when needed. (There is a small fee ($5-$20) – which I hate – but this can help you avoid a massive mess that comes with identity theft,)
You can also put a fraud alert which lets creditors to get a copy of your credit report, but they have to verify your identity.
Monitor your accounts. This shouldn’t be a big deal if you already using a money app like Personal Capital, Mint, or HoneyFi. You can easily review all your transactions to make sure things are going smoothly. If not, please set up some time this weekend and either sign up wth one of those free apps or manually review all of your accounts. Set up a regular time to review (such as your money dates).
For freezing your accounts or putting an alert you need to contact the credit bureaus.
Elle Martinez helps families at Couple Money achieve financial freedom by sharing tips for reducing debt, increase income, and building net worth. Learn how to live on one income and have fun with the second..