FlyerTalk Forums - View Single Post - HUGE data breach at Equifax
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Old Sep 12, 2017 | 3:07 pm
  #84  
flyer4512
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15 Years on Site
 
Join Date: Feb 2009
Posts: 7,108
Originally Posted by Diplomatico
Interesting. Can you elaborate a bit?

From my perspective, I think you may be underestimating the time, cost, and hassle involved in eliminating the damage you might incur from someone taking out a mortgage in your name or a home equity loan in your name....or using your SSN to engage in criminal activities.

If there was ever a time to take a "strategic pause" from churning, this would be it.

I just don't see the positive risk/reward ratio. Cheers.


Wouldn't this require a face to face meeting to sign papers , etc as well as an ID ? Seems like quite the risk compared to getting 100 or so fake credit cards and jacking up $10K in charges on each card from behind a monitor possibly in a different country.
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