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Originally Posted by Porsche-O-Phile
Yea I think both would be prudent although in response to the point above if you do a fraud alert it's supposed to be automatic to all bureaus.
This isn't a bad thing if it decreases America's over-reliance on banks and credit too. The whole system is so ridiculous and so badly managed / regulated maybe there will be an upside to this. We could certainly do with people "living within their means" more anyway.
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Yes, a fraud alert automatically goes to all three.
It's certainly a good thing to reduce reliance on banks and credit, but the personal security breach reaches way beyond that. It's your
personal data that is the issue, not necessarily your credit rating. Your personal data is there if you've ever had any credit obligation of any kind, and once it's there, it is used by institutions other than credit bureaus and banks--landlords, employers, utilities, for instance. How does one buy a home without a bank loan? Millions of us have always lived within our means and now are at risk. It has little to do with
use of credit and reliance on banks.