Monthly Archives: January 2018

WHY the EQUIFAX BREACH MIGHT MAKE IT HARDER to BUY a HOME – part 2

Check your credit at least once a year with the 3 credit companies.  Be sure they get back with you or that you understand what credit score they have for you.  So important if you plan to buy a home and need good credit scores.  Too early to tell the real damage done as they got the whole enchilada, such as SS number, credit card numbers, family members, etc.  JUST STAY UP WITH YOUR CREDIT SCORES!

 

WHY the EQUIFAX BREACH MIGHT MAKE IT HARDER to BUY a HOME

One of the largest and potentially damaging data breaches had occurred, as the credit-reporting company EQUIFAX was breached.    About 143 million consumers had their addresses, credit card  numbers & possibly Social Security numbers stolen.  Can affect 1/2 of U. S. adult population.  With this information the “bad guys” can get new credit cards, pass a security check for a new job & more.  This is devastating to get a mortgage.  Can haunt you for years!  MORE TO COME.