If the vast majority of people kept their reports locked, there would soon be unlocking scams of some sort!Ĭopyright ©2001- Fair Isaac Corporation. I view locking reports as like having a better lock/alarm whatever, so bad actors move on to your neighbor (who is a bit of jerk anyway!). The industry does its best to keep ahead of the curve, but frankly there will always be new levels of sophistication that fraudsters will come up to prey on innocent individuals and circumvent most security safeguards and protocols.Īnd, while information is key to prevention, it doesn't always cascade to everyone even with as much social media presence and channels.Īnd, as you pointed out, even with you heeding caution and/or proactiveness, it's up to individuals to make those choices themselves.Īt any rate - back on topic to the OP's thread. It's a lucrative billion dollar business worldwide. You would think that by now given all levels of sophistication in fraud prevention measures that scammers would be out of business, right? Well, they aren't. It be like that sometimes.Īlso, it's 2021 and heading into 2022. The law doesn't eliminate accidents from happening. It will still happen regardless if the law is on your side. The point is, even with a green light, pedestrians using the crosswalk (by right of way) still get hit - that's my point. Maybe you can clarify what you are trying to imply. Maybe some decades ago, there was not much online theft, but these days it is too rampant not to advise people to take proactive action I just don't see how the advantages of your report opened will outweigh the hassles of credit fraudulently taken in your name. The part of that population you choose is your choice and how informed you areĪt the end, it is your choice if your report is frozen or not. When scammers send email to people asking for them to help move some money - if the entire population knows it is a scam - the scammers willl be out of business.īut some part of the population will still communicate with the scammers. If your credit is frozen, at least you have done your own part to minimize theft. If you use a crosswalk and you are green to go - if a car hits you, at least the law is fully on your side, as supposed to jaywalking. with so many pedestrian crosswalk accidents - I still wonder why people use a don't get your point. With so many online theft and hacking going on - I still wonder why people still leave thier credit report are you suggesting that the entire US population that has access to their reports have them completely locked/frozen? That's almost like saying. So happy all 3 of my reportsĪs a general rule - try to freeze all your credit report 24/7, except when you want to apply. It's just absolutely nothing a scammer won't try. Thanks so much for sharing this valuable info and Kudos to you for jumping on it before anything catastrophic could have happened to your credit and livelihood. FYI, talking to SBA.gov folks has been very pleasant and super fast. They put a hold on that loan application and sent a note to their Fraud department to cancel the loan request and investigate. To my surprise, they told me that someone applied for a $58K loan just yesterday using my details but with one of my very old addresses. Next, I called the SBA.gov on ( 81) and let them know what happened. Called Equifax (88) and placed a Freeze on my Credit.Called TransUnion (80) and placed a freeze on my credit report.It also lets us know about it at the same time. This alert is important becuase every time there is an inquiry, this will alert the lender to be more diligent. They went ahead and 1) froze my credit 2) marked this inquiry as fraud 3) set up Credit alerts for future. So i Quickly called Experian (85) and told them that it was not me.It was and odd Inquiry and one can say it right off the bat. So i found this Inquiry on my Experian credit report this morning. If you see this alert on your credit report, Take it seriously.
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