Approximately 100,000 Canadians affected by Equifax breach

Comments

  • Ryan

    Do yourself a favor and don’t sign up for their 12 months of complimentary credit monitoring.

    • Rob Raymond

      Damned if you do, damned if you don’t.

    • Squishy

      Ryan is right. If you sign up you wave any and all rights to legal action against Equifax. Additionally when the 12 months is over they also charge you another 12 months to your CC.

    • Anonymous Agent

      Exactly don’t sign up for their complimentary 12 month monitoring cause then you basically agree to this as compensation and then won’t have any other legal recourse against Equifax. Your better off taking legal action against Equifax for allowing your private info to be stolen in the first place and didn’t take the proper precautions to protect your private info. I think someone should start a class action suit against Equifax.

  • MoYeung

    As an immigrant, I have no clue how this thing called credit reporting is supposed to work…

    • vn33

      In a nutshell, your credit worthiness is determined by many factors, among them your reliability to pay back your debt. Any credit you use (CC, LoC, mortgage ..etc), the Issuer will report back to these Reporting Agencies (Equifac, TransUnion) your payment history. This is used within a formula to come up with a score, the higher, the better. When you request a credit (CC, mortgage…), the lender will use this score to assess the risk of lending to you.

      Anyway .. I’m sure my explanations have some holes in it, but it’s a simplified version 🙂

    • MoYeung

      It is strange that immigrants never sign up with these credit reporting agencies in USA/Canada, yet the banks will report my financial activities to them without my prior knowledge and consent…

    • John Lofwire

      Thats how thing work and how everyone can be sure that they can or cannot trust you when you use credit stuff…

      Not only bank report your activity carrier like bell , telus , rogers ect also do it.

    • vn33

      You do not sign up with these reporting agencies. The fact that you apply/receive for credit (CC, LoC, mortgage) is enough to have them keeping an account on you. The only way to avoid them is to use cash only … right from start, before applying for any credit

    • John Lofwire

      Even then if you pay all by cash if you register for any providers ( home internet and phone and tv , cellphone service ect ) you will still get put in those reporting agencies lol

    • vn33

      You’re absolutely correct! In some way, those are also considered credit accounts, since you can go over your monthly allowance.

  • JammerMan79

    How do you check if you’re affected?
    When you try the link, on their page, the following comes up…
    “ERRORThe request could not be satisfied.The Amazon CloudFront distribution is configured to block access from your country. 
    Generated by cloudfront (CloudFront) Request ID: qM3Sc-XiMP4qNKfuAru5aysugg5FWt6EFgL6SWfjEhVB7bheubh09w==”