Knowledge is the key to success in all of life's decisions. The more you know, the easier it is to make intelligent choices.... Brian Kennedy

CONNECT

Address:

3806 Market Street Suite 1
Camp Hill, PA 17011

Phone:

(717) 774-7080

Fax/Other:

(717) 920-7645

Equifax Hacking Breach

Last week, Equifax had a credit breach that could result in approximately 44% of the population being affected.

It’s very possible your information has been exposed and, if you have not already, you should consider freezing your credit.

Freezing your credit allows you to seal your credit reports.  The added layer of security means that thieves can’t establish new credit in your name even if they are able to obtain your personal information.

Freezing your credit does not affect your existing lines of credit or current credit cards.  You can continue to use them as you regularly would even when your credit is frozen.  If you need to refinance, open a new line of credit, or open a new card you would have to re-open your credit.

Residents of various states may also freeze the credit reports of their minor children. Visit the National Conference of State Legislatures to see what the law is in your state.

The cost ranges from $3 to $10 per person per bureau to freeze a credit report; a couple of states have higher fees.

In most states, your credit freeze remains permanently on your files until you request removal. But some states may remove your credit freeze automatically after seven years. So you will want to watch for this according to the Consumers Union’s guide to security freeze protection.

You can freeze your credit by using the following phone numbers and links:

 

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Check the background of this financial professional on FINRA's BrokerCheck