Data Facts Lending Solutions Blog

CFPB Announces $700M Settlement in Equifax Data Breach

Jul 24, 2019 9:27:00 AM

Data Facts wants to be your resource for important industry information, which is why we periodically share breaking news in addition to our regular blog posts. This article originally appeared on the National Professional Mortgage Magazine website and was written by Phil Hall.

The Consumer Financial Protection Bureau (CFPB) and a coalition of attorneys general from 48 states, the District of Columbia, and the Commonwealth of Puerto Rico has reached a $700 million settlement with Equifax stemming from the 2017 data breach of the Atlanta-headquartered consumer credit reporting company.

Topics: Data Facts blog, Data Breach, Credit Bureau, CFPB, Mortgage lenders, Credit Report

Holiday Shopping Tips to Help Protect Against ID Theft

Posted by Jennifer Hamby

Nov 26, 2014 9:51:00 AM

holiday_shopping_tips

Holiday Shopping season is an identity thief’s dream come true. Millions of people, spending millions of dollars, in thousands of stores, both in stores and online, in a condensed amount of time. It is a treasure trove of victims, ripe for the picking. This is why it is more important than ever to take special precautions when shopping both online and in stores this holiday season.

Topics: Identity theft, Data Breach, credit cards, Holiday tips

Tips to Protect Your Identity After A Security Breach

Posted by Jennifer Hamby

Sep 3, 2014 9:32:00 AM

Oh no, not again! Home-improvement giant, Home Depot stated it was currently investigating a possible breach involving “unusual activity that might indicate a possible payment data breach”. This is the latest, in several data breaches, affecting some of the nation’s largest retailers. While we are still unclear as to the extent of this latest breach, one thing is for certain: you can never take too many precautions to help protect your identity!

Below are steps and recommendations that may help to protect you from potential misuse of your credit and debit information.

Topics: Identity theft, Data Breach, Credit Freeze, credit cards