The Equifax breach is undoubtedly one of the most massive security breaches in America’s financial history. The aftermath left personal details of more than 143 million Americans exposed. Freedom Debt Relief provides a few tips on safeguarding financial account from such attacks and frauds.
- Understanding the situation
The first step to securing one’s financial information is to find out if it had been affected by the attack.
- Using credit card freeze
Credit card history is a requirement each time one is opening a new credit. Creditors cannot issue credit without it. A credit card freeze allows one to lock up their credit card history using a unique PIN. As a result, it becomes impossible for fraudsters to open new credits using stolen details and more information click here.
- Account monitoring
Fraudsters test for an account’s vulnerability using small amounts before attempting great heists. One can catch these by continually checking their credit card and bank accounts regularly for any small discrepancy. It should be done weekly or daily and contact their.
Additionally, credit reports should be carefully checked for sinister entries. Issues such as incorrect credit accounts, addresses, and name misspellings are possible indications of fraudulent activities. They should be handled as soon as possible. The law entitles all to a free annual copy of a credit report from the three main credit bureaus in the country and what Freedom Debt Relief knows.
About Freedom Debt Relief
Freedom Debt Relief is a debt settlement company that specializes in negotiating with creditors to reduce their client’s debt. It offers debt strategies that are both effective and appropriately timed to ensure a person settles their debts in less time. It has experienced debt experts that analyse the customer’s financial situation before negotiating with the creditors. It is a subsidiary of the Freedom Financial Network and their Facebook.