From mid-May through July of 2017, hackers were stealing identities through the Equifax data system. Over 143 million people were affected. It was by far the largest, most impactful breach to date. The hackers were able to steal people’s names, Social Security numbers, addresses, birth dates, and even some driver’s license numbers. And, since this information simply doesn’t change, they can access and basically steal your identity whenever they want – at any point in the future. If you weren’t impacted yet, it could be just a matter of time.
While we all heard about the Equifax data breach, there are plenty of others instances of hackers stealing millions of identities:
- Yahoo! – 3 billion accounts were breached in 2013-2014
- eBay – 145 million users were hacked
- Target – 110 million compromised
- Uber – 57 million users were hacked along with 600,000 drivers
- JP Morgan Chase – 75 million households and 7 million small businesses
This list could honestly go on and on, but you get my point. Your personal information is no longer personal. No matter how tightly you hold onto that birth certificate or social security card, someone else likely already has the information. It’s now just the question of, will they use it?
Lexington Law: Credit Repair Today Can Help Set You Up For a Brighter Future
This is a sponsored review, but all opinions within this article are unprompted and written by me, Derek Sall.
“So what’s the big deal? Why does it really matter if someone gets my credit card number or social security number? I’m not held liable since it wasn’t me that made the charges. If someone racks up $10,000 worth of expenses on my credit card, I’ll just tell Visa that they aren’t mine, not pay them, and they’ll have to take care of it…”
The above quote isn’t from a reader or family friend. It’s the mindset that I’ve had for a long time…until I really started looking into what it means to get your identity stolen.
The reality of data breaches
If you’re involved in a data breach and your identity is stolen, hackers can:
- Rack up expenses on your credit card, which can kill your credit score for months until you get it all squared away with your credit card company
- Get into your social media accounts, steal your photos and send hacking messages to your friends
- Use your social security number to put a lien on your property (like your house!) without you realizing it. You likely won’t find out until you try to sell your house and won’t be able to…
- Even steal your kids’ identities to open credit cards and take out loans
Who is Lexington Law, and How Can They Help?
Lexington Law originated in the early 1990’s and have helped consumers with credit repair from the beginning. They consider themselves the trusted leaders of credit repair solutions. And quite frankly, when I look up their reviews on sites like Consumer’s Advocate and Consumer Affairs, they grade out quite well.
My next search was naturally the Better Business Bureau. Unfortunately, they didn’t grade out as well here. Based on the reviews, almost all of the negative comments mentioned that Lexington Law was able to remove inaccurate charges and improve their credit score, but that the billing was sometimes inaccurate or difficult to change. There were 50 positive reviews however, which is a pretty good sign since most people look to write negative experiences and do nothing when their experience is positive.
What else can Lexington Law do?
While Lexington Law is a trusted leader in credit repair solutions, they are competent in many other areas as well. Namely:
- 24/7 identity monitoring
- $1M theft insurance
- Credit and FICO score tracking, and
- Additional financial insights
Use of Lexington Law
I know the question you’re asking yourself.
“Alright Derek, you’re writing this review for Lexington Law. Do you currently use their services?”
No, I currently do not.
Here’s what I can tell you though. I was one of the 143 million that got hacked in the Equifax data breach. While I have not seen any unusual charges hitting my credit cards or any newly opened accounts in my credit report, I will need to be aware of my personal information from now until I die. If I do recognize a questionable charge or fraudulent activity, I would certainly consider using the services of Lexington Law.
Has your identity ever been stolen? In what way?
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.