Back in 2017, Equifax (one of the three main companies that track credit data) was breached. They announced to their customers that some of their information had been compromised and put forward $31 million to help any of those people affected by the breach.
Initially, Equifax told all affected that they would receive a $125 refund. However, so many people have filled out the refund application that the money in that fund is basically gone, so recipients should expect to receive less than $125 if you continue to hold out for the cash advancement.
“
Recipients should expect to receive less than $125 if you continue to hold out for the cash advancement.
”
Recipients should expect to receive less than $125 if you continue to hold out for the cash advancement.
There is another option, however: In lieu of the refund, Equifax has offered their services to affected people for the next four years—completely free of charge.
I bring you this update today because your credit score matters so much in real estate. You’ve got to be cautious, because a downturn in your credit can possibly prevent you from qualifying to buy a home.
If you have any questions about this or any other real estate-related topic, don't hesitate to reach out to me. I'd love to help you.
I bring you this update today because your credit score matters so much in real estate. You’ve got to be cautious, because a downturn in your credit can possibly prevent you from qualifying to buy a home.
If you have any questions about this or any other real estate-related topic, don't hesitate to reach out to me. I'd love to help you.
