Published on September 12th, 2017 | by William Charles52
Equifax Is Now Allowing Free Credit Freezes Until November 21st
Equifax is involved in a data breach that may have compromised the data of up to 143 million consumers. One of the things that some people have been suggesting as a response to this data breach is to freeze your credit reports, the problem with this is that there is a fee for doing so. The fees vary by state and in response to consumer feedback Equifax are waiving their fees for the next 30 days (until November 21st). This means you need to initiate the freeze before then for it to be free, it will continue to be frozen until you unfreeze it.
In response to consumer feedback, Equifax will waive all Security Freeze fees for the next 30 days. -Tim
— Equifax Inc. (@Equifax) September 11, 2017
The problem with this is that a consumer would actually need to also place a freeze on their Experian & TransUnion reports and that won’t be free. It’s up to each individual to decide whether freezing reports makes sense or not, we’ve provided our suggestions on what you should/shouldn’t do here.