[Economic]
Equifax is Not Your Friend: Should Everyone Freeze Their Account?
by Mish Shedlock
Posted September 18, 2017

Equifax huge data breachThe Equifax security breach scandal keeps growing and growing. Their handling of the data breach that affected as many as 143 million accounts has been horrendous.

Executives dumped their shares before reporting the stolen data. Following the breach, their website did not function properly, people got signed up for programs they did not want or need, and customer service has been dismal all around.

Unless you intend to open up new credit cards, get a car loan, or home equity loan, etc, there is every reason to freeze your account and be done with it. Everyone else should monitor their accounts closely. More…