Ep #210 - Here's What To Do If Your SSN is Compromised

Grow Money Business with Grant Bledsoe

Are you concerned about getting your non-public information compromised? We dedicated this week’s episode of Grow Money Business to discussing what to do if your personal information is misplaced or compromised in some way. Join us as we dive into how people can take advantage of your personal information, both yours and banks' responsibilities to mitigate events like this from happening, the credit reporting agencies, how a credit freeze can be of help in a situation like this, how to improve your credit, and more.

[05.31] Misplacing personal information – Grant starts the conversation by explaining what other people can do with your misplaced personal information.

[10.31] Responsibility – Grant talks about what the banks do to stop fraud from happening and what you can do to help them.

[12.24] Reporting agencies - TransUnion, Equifax, and Experian are the three credit reporting agencies in the USA.

[18.00] Credit freeze – Grant explains how a credit freeze works, along with its advantages.

[24.26] Equifax – We talk about the Equifax data breach in 2017, which exposed the personal information of more than 140 million US citizens.

[32.27] Improve credit – Grant shares some steps you need to take to improve your credit.

Resources

Credit Freeze

experian.com/freeze/center.html

equifax.com/personal/credit-report-services/credit-freeze/

transunion.com/credit-freeze

Identity thieves crack major Experian security flaw, access customer credit reports

techradar.com/news/identity-thieves-crack-major-experian-security-flaw-access-customer-credit-reports

annualcreditreport.com/index.action

What Is a Credit Score? Definition, Factors, and Ways to Raise It

investopedia.com/terms/c/credit_score.asp