Starting October 31, many members of the military will have access to a free tool to help spot identity theft. https://www.consumer.ftc.gov/blog/2019/10/free-electronic-credit-monitoring-coming-soon-military?utm_source=govdelivery
Reed & Van Hollen Introduce the Consumer Credit Control Act WASHINGTON, DC – In an effort to empower consumers and put Americans in control of their personal information and credit reports, U.S. Senators Jack Reed (D-RI) and Chris Van Hollen (D-MD) today introduced the Consumer Credit Control Act. This bill would amend the Fair Credit Reporting […]
Hackers look for open doors. If your personal data isn’t protected, it’s that much easier to compromise your identity. https://bigthink.com/videos/data-breach
A trade association representing credit bureaus Equifax, Experian and TransUnion has sued New Jersey to block a new law that requires them to make credit reports available in Spanish and 10 other languages. https://www.nj.com/news/2019/10/nj-sued-over-new-law-requiring-credit-reports-in-spanish-10-other-languages.html
https://www.cnn.com/2019/10/18/tech/reporter-hack/index.html To check your credit reports for signs of identity theft, visit annualcreditreport.com for free credit reports or purchase them directly from each bureaus website (Equifax.com , Experian.com , TransUnion.com , Innovis.com ).
Google said it made the change ‘to protect people from deceptive and exploitative personal-loan terms’ https://www.wsj.com/articles/google-shuts-out-payday-loans-with-app-store-ban-11570886730
A former employee of American Express is under investigation by the police for allegedly accessing customer information with the intent to commit fraud. The exact details of the incident have not been disclosed, but the employee is thought to have wrongfully accessed the personal information of Amex customers in America in an attempt to open accounts at […]
FAIR Act would restore consumers’ and workers’ right to seek justice in court when harmed. A Senate vote is next. https://www.consumeradvocates.org/media/news/us-house-votes-end-forced-arbitration-corporate-contracts
To recap: Equifax exposed personal financial information, was sued by the government and settled. The government publicly touted a cash reward alternative of up to $125 to victims without ensuring enough money had been set aside to guarantee the max amount for every possible person affected; the government backtracked on its statement; eventually, the Equifax settlement team […]
When a criminal steals your identity, he or she can also steal your good credit score. https://blog.myfico.com/identity-theft-affects-fico-scores/