Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

The Three Things Seniors Need to Know About Identity Theft

Written by Ilyce Glink on June 13, 2014 in Credit  |   1 comment

Whenever they head to the doctor, take a vacation, or even answer the phone, seniors could unknowingly be putting themselves at risk of identity theft. Identity theft is a growing concern for all consumers—it was the number one complaint received by the Federal Trade Commission…

the-three-things-seniors-need-to-know-about-identity-theftWhenever they head to the doctor, take a vacation, or even answer the phone, seniors could unknowingly be putting themselves at risk of identity theft.

Identity theft is a growing concern for all consumers—it was the number one complaint received by the Federal Trade Commission (FTC) in 2013, according to its Consumer Sentinel Network report, released in 2014—but older Americans are particularly at risk. Seniors are prime targets for fraudsters because they don’t know much about identity theft and fraud, and many are unfamiliar with common Internet safety tips. Many also have substantial assets that fraudsters would love to get their hands on.

According to TrustediD’s June 2014 report, “Identity Theft: Why 50+ Americans Are at Risk,” here’s what you need to know about identity theft to help protect yourself or someone you love:

1. Your medical history can put you at risk. While identity thieves are often after financial information, medical records are also a prime target because they contain sensitive personal information a thief can use to open accounts or to obtain medical care in someone else’s name.

Seniors are particularly vulnerable because they interact more with the health care system. They often carry a Medicare card, which lists their Social Security number. They may also rely on caregivers who have easy access to their medical records, or live in assisted living facilities where their information is readily available to third parties.

It’s not just caregivers who pose a risk to seniors. Health care providers are often targets of data breaches, which could put patients’ sensitive information at risk. According to a September 2013 study by the Ponemon Institute, 94 percent of health care organizations surveyed in 2012 reported they experienced one or more data breaches in the previous two years.

2. Travel can increase the odds of identity theft. Many seniors spend their golden years traveling, putting them at risk of identity theft both at home and abroad. According to the U.S. Travel Association, more than one-third of all leisure travelers are over the age of 55.

Protecting your identity may not be top of mind when you’re traveling, but it should be. Your information could quickly fall into the wrong hands if you’re using public Wi-Fi at your hotel, withdrawing money from ATMs outside of your bank’s network, or leaving sensitive information, such as a driver’s license or passport, in your hotel room.

3. Scammers target consumers in their own homes. Think you’re safe from fraudsters at home? Think again. When you pick up the phone or open an email, you could be putting your personal information at risk.

Seniors are often less familiar with the Internet than their younger counterparts, so they may be more vulnerable to phishing schemes—where online fraudsters create phony emails, text messages, and websites in order to steal personal information—and more apt to download malware that can compromise a computer and put personal information at risk.

Identity thieves also target victims over the phone. According to the FBI, fraudsters may call seniors at home and exploit Medicare to glean personal data. In one such scam, thieves create a false company that claims to offer free transportation for Medicare recipients. The thief then calls a victim to offer the service, asks for the victim’s personal information to enroll, and then disappears with the information, never to be heard from again. Fraudsters may also offer phony medical equipment or other products in exchange for Medicare information.

Some fraudsters also call consumers and claim to be from the National Do Not Call Registry, according to the Better Business Bureau. In this scam, the callers claim to be representatives who need to verify some information, but are actually fraudsters gathering personal information for nefarious purposes.

Take steps to help protect yourself from identity theft

There are a number of steps you can take to protect yourself, according to TrustediD’s report. Remove yourself from mailing lists to reduce junk mail, know how Medicare uses your information, and regularly monitor your credit report for erroneous information or accounts you don’t recognize.

If you do fall victim to identity theft, report the crime to local law enforcement, and file a complaint with the FTC online or by calling 877-438-4338. Contact your credit card companies to close your accounts, and place a fraud alert on your credit file. You can do so by contacting one of the credit reporting agencies (CRAs), which will send your request to the other two CRAs.

Ilyce Glink is the author of over a dozen books, including the bestselling 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In! Her nationally syndicated column, “Real Estate Matters,” appears in newspapers from coast-to-coast, and her Expert Real Estate Tips YouTube channel has nearly 4 million views. She is the managing editor of the Equifax Finance Blog, publisher of ThinkGlink.com, and owner of digital communications agency Think Glink Media. In addition to her WSB radio show and WGN radio contributions, she is also a frequent guest on National Public Radio. Ilyce is a frequent contributor to Yahoo and CBS News.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

1 comment

  1. margo says:

    This is helpful and we seniors really need to be aware of this information However many seniors don’t know how to get off mailing lists or find out how Medicare uses our information let alone how to place a “fraud alert” on a credit file. Hospitals can be a huge culprit in the “identify theft” business because they have all our personal information and we must give it out to multiple departments in one health care system or other systems every time we go to the doctor or hospital.

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.

Credit Archive