Solutions on the Equifax Data breach for the Boise, Idaho Real Estate Area

Posted by Allen Cofield on Wednesday, September 13th, 2017 at 12:00pm.

equifax could have exposed your credit data to hackers

By Allen Cofield
Dated: September 13, 2017

Buying a home in the Boise, Idaho Real Estate Area with a mortgage should be an easy task, but can become very complicated when your identification has been hacked and ruined by an intruder.  As a Mortgage Broker and Real Estate Broker, it is important for me to help residents of the Boise Regional Area of Idaho obtain their dream homes without too many complications throughout the real estate and mortgage process. 

You might have heard, Equifax, one of the three major consumer credit reporting agencies, recently revealed that hackers gained access to company data that potentially compromised sensitive information for 143 million American consumers' Social Security numbers and driver's license numbers.

There are three main credit bureaus, Equifax, TransUnion and Experian that maintain reports on when consumers attempt to obtain a credit card, car or even a mortgage loan, their payment history and the amount of available credit. Some companies use one or all three of these companies when consumers seek a credit card, mortgage or other loans.

Since personal information was stolen, along with 209,000 credit card numbers, the breach will increase the opportunity for identity theft to occur. Here are some tips you can use to protect your identity, personal information or even credit score. Consumers need to be pro-active in the aftermath of being hacked thus I would recommend these 5 tips.

Enroll in Equifax's program 

Equifax has set up its own program to help people find out if they were one of the millions affected in the hack. The program isn't exactly straightforward, however -- it requires a multi-step process that takes place over the course of at least one week. Here's an overview of the process:

Step 1: Head to this enrollment page and click "Begin enrollment." Enter your last name and last six digits of your social security number and head to the next page. Some people have attempted this process and received different results.

Step 2: If you received an enrollment date, write it down. Seriously, on paper (or on your Google Calendar). Equifax does not ask for your email address, so it won't remind you of your enrollment date.

Step 3: On (or after) your enrollment date, head to this page to continue the enrollment process. You have to complete the enrollment process by November 21.
Equifax will provide you with an enrollment date for credit monitoring.
Equifax will let you know you were not impacted or that you were potentially impacted.

Check your credit reports for free here!  No Gimmicks or Credit Card information Needed.

If you're not sure if your data was affected, consider looking through your credit reports for any suspicious activity. The US government guarantees everyone a free annual credit report from the three major bureaus -- yes, including Equifax. 

NOTE: I had a problem trying to get a copy of my Equifax Report through this site, but you may have a different experience. I had no problem obtaining reports from the other major Bureaus.

With your reports, look out for new accounts you didn't open, late payments on debts you don't recognize and any other activity that looks unfamiliar.
If you suspect someone used your identity to open credit cards, take on loans, or re-open closed accounts, contact the credit card company's fraud department immediately. You should not be responsible for charges made on a fraudulent card, but you have to report the issue in a timely manner.

Repeat the process for your loved ones:  Share this article with as many people you know no matter where they are located, these tips are not exclusive to Boise, Idaho Real Estate.

Because Equifax is not notifying those affected through direct mail or email, some people will be left without the resources or are not tech--savvy to protect their identities or find out if they were compromised. With that in mind, consider helping your loved ones -- especially the elderly without computer access -- with the above steps.

You might have heard, Equifax, one of the three major consumer credit reporting agencies, recently revealed that hackers gained access to company data that potentially compromised sensitive information for 143 million American consumers' Social Security numbers and driver's license numbers.

There are three main credit bureaus, Equifax, TransUnion and Experian that maintain reports on when consumers attempt to obtain a credit card, car or even a mortgage loan, their payment history and the amount of available credit. Some companies use one or all three of these companies when consumers seek a credit card, mortgage or other loans.

Since personal information was stolen, along with 209,000 credit card numbers, the breach will increase the opportunity for identity theft to occur. Here are some tips you can use to protect your identity, personal information or even credit score. Consumers need to be pro-active in the aftermath of being hacked thus I would recommend these 5 tips.

Let's get you started on a mortgage application today for the Boise, Idaho Real Estate area including Eagle, Star, Meridian, Caldwell, Kuna, Nampa, and other cities within a 50 mi radius by calling directly at 208.908.1777.  

 

Allen Cofield, Associate Broker, GRI 
Boise Premier Real Estate
208.908.1777

My success is marked by the referrals from my clients.

Go to my Home Page!

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