You’ve likely heard about the recent Equifax security breach – but what does it mean for you? Read on for more information, as well as some tips to identify if your information may be at risk.
Equifax, one of three major consumer credit reporting agencies, recently announced that hackers had successfully gained access to sensitive data and information from mid-May to July 2017. During this time period, information such as Social Security numbers for 143 million American consumers may have been compromised, putting millions of Americans at risk for identity theft.
Once identity thieves have attained sensitive personal information, they may be able to run up credit charges, drain bank accounts, get medical treatment through a stolen health plan, file false tax returns, and even collect tax refunds belonging to others.
Here are some common signs you can look out for that may indicate your information has been stolen.
- You see withdrawals from your bank account that you can’t explain
- You don’t get your regular bills or other mail
- Merchants refuse your checks
- Debt collectors call you about debts that aren’t yours
- You find unfamiliar accounts or charges on your credit report
- Medical providers bill you for services you didn’t use
- Your health plan rejects your legitimate medical claim because the records show you’ve reached your benefits limit
- A health plan won’t cover you because your medical records show a condition you don’t have
- The IRS notifies you that more than one tax return was filed in your name, or that you have income from an employer you don’t work for
- You get notice that your information was compromised by a data breach at a company where you do business or have an account
If you are concerned that your information may have been amongst the data compromised in the Equifax breach, or that you are a victim of identity theft, you can visit the FTC website here for more information.
For more information the Equifax data breach and what it may mean to you, check out the video from our friends at the Knowledge Coop below.
This is for informational purposes only and is not a commitment to lend. The opinions and views expressed in this blog are those of the authors and do not necessarily reflect the official policy of Mortgage Trust, Inc. Terms and conditions of programs, products, and services are subject to change without notice. All loans are subject to credit and property approval. Certain restrictions may apply on all programs.
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