Equifax should no longer be considered to be a reputable company in the credit industry. Period.
Credit rating is your reputation to someone who doesn't know you personally. Equifax's reputation is so poor now they shouldn't be allowed to police the reputation of others.
so... because they fucked up, now they will simply steal less from you. wow...
That's nice and all, but what about the other two? Don't you have to freeze all 3 to actual freeze your credit?
I am starting to see the US has a whole system to charge people for everything.
It really is the absolute least they can do at this point...
How was it not racketeering in the first place? I was never a customer of Equifax. The banks and credit companies are. But then from their position alone, they feel it's OK to extract more rent out of people who never wanted to be their customers with lines like this:
"It'd bee too bad if someone stole your info (maybe from us?) and apply for credits in your name here and there. Better pay me for the peace of mind so it don't happen (can still happen, you know, but it's not our fault, read the contract)"
And this is totally legal.
Now that their horrible incompetence have been revealed to the world, I bet nothing will happen. Consumers are still not their customers. Class action lawsuit will drag on for years and everyone will get a buy one get one free meal at Denny's.
I've tried many times in the last hour to sign up for Equifuck's credit freeze, but keep getting "System Currently Unavailable Error 500". I'm not surprised the terrible website can't handle everyone requesting to keep their credit information more secure.
30 days is not enough. We need to see Congressional action to reign in this abuse.
30 days isn't enough it should just be forever now, you've fucked your customers for their entire lives credit wise. Credit monitoring should be a lifetime thing now. It's entirely possible that 15 years down the line somebody is going to fuck your credit with info gained from this hack. Good luck proving Equifax is at fault then.
In the Equifax boardroom:
#"ALWAYS BE CLOSING!"
(until you get caught)
What about the suckers who already coughed up the fee.?
They should also be offering a free full credit report. Just in case damage was already done while their execs dumped stock instead of notify affected customers.