Originally Posted by Clairvoyant129
The kiddies who think stopping identity theft is simple as calling up your CC company to cancel your credit card (you know who you are) are morons. They are probably the same kiddies with no credit score and lives with their mommy.
The only other thing you could do is put a freeze on your credit, at an average cost of $10 per bureau, but then you wouldn't even be able to apply for credit until the freeze is lifted, at a cost of another $10 or $12 per bureau. You can also flag a "fraud alert" with each bureau for free, but they are many times ignored by lenders and expire within 90 days. You can manually renew it, though, if you remember.
So, other than that, the only thing us "kiddies" can do is cancel the CC associated with the PSN account and move on. You could subscribe to one of those credit monitoring services, but they are just a waste of money in my opinion.
Everyone gets a free report from each bureau each year, so everyone should be pulling those.
I'm 24 with FICOs in the mid-700s, have diversified forms of credit, stay within the healthy limit on my revolving accounts each month, use credit cards for 99.9% of my purchases, and never pay a cent of interest (other than my auto loan). I feel I have pretty good knowledge on the subject.
So what do you suggest we "kiddies" do about this? As you didn't exactly slap us with some knowledge in your last post.Edited by Kaldari - 4/28/11 at 9:42pm