Additionally, credit card numbers for about 209,000 people were exposed, as was "personal identifying information" on roughly 182,000 customers involved in credit report disputes. So will you forgo that ten dollars, yes, but is a year of free credit monitoring service worth it?
Originally there was speculation that enrollment would've prevented you from suing the company or joining a class action lawsuit related to the credit breach. There are several different ways of calculating and reporting credit scores, but each of the three bureaus has the same goal of providing an accurate reflection of a borrower's credit history.
Place a fraud alert on your credit reports, as this provides an extra layer of protection and would make it hard for an identity thief to open an account in your name Fraud alerts are free and stay on your report for 90 days. Then you'll be given a date when you can return to the site and sign up for the monitoring service. Also, you will need to unfreeze the account if, and when, you do a legitimate credit check.
If you see any unauthorized activity, immediately report it to your bank and/or credit card company. If you're not planning to buy a vehicle, a house, take out a loan anytime soon or open a card at Nordstrom, freeze your credit so no more accounts can be opened in your name. This means that a lender must contact you to verify your identity before it issues credit in your name.
The question now is, what can you do to protect yourself? Some lenders report information to all three bureaus, while others report to just one or two. It will last for 90 days and can be renewed.
Consider freezing your credit reports. Fees to freeze your account vary by state, but commonly range from $5 to $10.
Thirty-six USA senators on Tuesday called on federal authorities to probe the sale of almost $2 million in Equifax shares by company executives in the days after the data breach.