Freedom Financial Network is a company that offers financial services to its clients. Its subsidiary is known as Freedom Debt Relief. It resolves debt issues on behalf of their customers. The company steps in to avert severe cases such as bankruptcy when a client is faced with a financial headache. This can be done through paying up the customer’s debt at a discount in cases where there is no security, no collateral, and no guarantor.
People who have a poor credit record may be locked out from accessing credit services from banks or other financial institutions. This is where the firm becomes important because they negotiate between the client and the creditors.
Equifax is a top credit bureau. Equifax experienced hacking. The perpetrators had vital information of about 143 million Americans. The information included social security numbers, dates of birth, and addresses of oblivious creditors. The information can cause a lot of harm in regards to creditors’ history. Their ability to access loans can be interfered with by subsequent actions from the hackers.
It is advisable that you consider taking the following steps in order to avoid complications with credit bureaus and to shield yourself against theft and fraud;
i. Log in to the Equifax website and check whether you were a victim
ii. Sign up for a one-year free credit monitoring and protection
iii. Go through your credit reports for irregularities
iv. Correct any mistakes in your Annual Credit Report
v. Consider using alternative passcodes that cannot be compromised
vi. Do not give your information to scammers
vii. Review your kids’ credit
viii. Be on the lookout at taxation time
ix. Take necessary measures if you are a victim