This post is was originally published on The Penny Hoarder
Last year, Equifax left the personal information of over 145 million people exposed to those creepy bad guys who lurk in shadowy corners of the dark web.
To tame the angry mob, Equifax announced it would waive all fees for credit freezes until Jan. 31. If you meant to take advantage of the offer but let life get in the way, Equifax will give you a second chance.
Equifax Extends Credit Freeze Offer Through June
Freezing your credit is a simple way to keep others from opening new accounts in your name. Once you freeze your account, you can simply unfreeze it for a short period if you need to get a loan or open a new account. The current Equifax offer also waives fees associated with unfreezing and refreezing your account.
However, to truly protect your credit, you would want to have it frozen by all three major credit bureaus: Equifax, Experian and TransUnion. While Equifax is offering free credit freeze as a mea culpa, you may have to pay a fee to have the other bureaus do the same thing. While it’s up to you, experts say the best way to protect your credit after the major breaches over the past year is to freeze it.
So unless you like the idea of some guy in Bermuda soaking up rays on his new credit card in your name or a lady driving a new Mercedes-Benz that you’ll pay for, you may want to spend a few minutes and take Equifax’s offer.
Tyler Omoth is a senior writer at The Penny Hoarder who loves soaking up the sun and finding creative ways to help others. Catch him on Twitter at @Tyomoth.