Sunday, October 1, 2017

How I'm protecting my credit after the Equifax hack

What and Why

If you're American, your private information required for identity verification, obtaining credit and providing proof of trustworthiness to businesses, has been stolen from Equifax. You should freeze or lock your credit reports from all three credit reporting bureaus to mitigate many risks associated with identity theft.

Consumer Reports recommends freezing your credit but I recommend a combination of locks and freezes.


You should freeze your Experian credit report because their lock is considerably more expensive than a freeze. You should lock your TransUnion and Equifax credit reports because of the convenience and price (free!). This is the cheapest, most convenient path to protecting your credit from hackers.

Note that Equifax had included an arbitration clause in their credit lock and monitoring service agreement but they removed that after public outcry.