Hey, what's up everybody welcome back to the channel, so my name is Walter. This is the credit-card national channel. So if you're new here we talk about travel, we talk about credit credit tips, so you like that you give me a thumbs up. Please subscribe as well.

So today's video is going to be about this Capital, One data breach that we just found it about to download it to make sure I'm giving it to you early, wanted to kind of give you exactly what's going on if you're somebody who doesn't like to her, Like a look at the news too much kind of read - or you just want to kind of listen to this in your later - to work or something like that or whatever would be just like you to better. So I'm going to tell you a couple of things: what it is what's going on if you're affected and what you can also do to prevent a lot of people on these blogs have not really told you would you can do to prevent it and to kind Of really save yourself, I'm gon na give you some a couple methods on how to really save yourself from these data breaches. To really make sure you are you and your family are protected, okay and offer free. So let's get right into this video all right.

So if you're not new here, you notice - I definitely got a backdrop now. The hair has been cut off. So yes, yes, everybody. I cut it off right now.

I wanted to waves back but other than that. Let's get right into this video. So, according to multiple sources and again I'm not taking credit for any of these articles that I'm showing to you, you can see who the credit is. It looks like the first one is CNN, so it looks like it's actually, the only one: a hundred million people.

Now this X iam sorry New York Times a hundred million people were affected from this data breach. This is going down as the largest breach in history, and this is by a single person. We're not gon na know who it is and what they all this crazy stuff, but 100 million people were compromise hundred and forty thousand social security numbers in eighty thousand bank account numbers could have possibly been affected. That is HUGE.

Okay, that is huge Capital. One is also pretty much saying that the looking at maybe up to a hundred and fifty million dollars worth of damages, which you know it's not as much as the Equifax data, breach that we just had recently. But it is still a tremendous amount of money that are saying some Canadian customers have been affected. Some American customers, credit card applications as well as existing.

You know, bank account numbers and things of that for existing card holders. So here's the thing I just applied for a Capital, One car that I was just declined for if you want to see why was decline if you're interested in that video I'll put that up here, for you guys to see why was declined from Capital One and Video actually did really well, but here's the thing I'm pretty much. I think I'm pretty much. Definitely in that you know 100 million.

I'm probably definitely in that situation is what you guys can do to actually prevent this. Now again, if data is being breached, we live in a world where you really can't prevent that, unfortunately, a hundred percent at a time, a lot of things are computer, mostly everything nowadays computer, but here's what you can do to make sure you and your family are Safe if things are breached now, things like address things like phone number. Unfortunately, those things are really not in my niche or so I really can't talk about those, but I can definitely talk about the most important thing, which is a social security number. We can actually protect ourselves for free, so here are a couple of different ways.

The first thing you can do is you can get a credit monitoring service, I'm actually recommending and again I'm not a financial adviser, but I'm definitely just giving you some recommendations. I would definitely recommend to have a credit monitoring service, like Credit Karma credit Sesame, anything that you guys kind of use to make sure you are monitoring your credit credit card was awesome like I said they tell me as soon as somebody pulls my credit. They tell me if something's fell off, they update your credit score every week. No, it's not the most accurate as far as credit score, but I use it for free, it's a free service.

I use it more so as a credit monitoring service, because my credit is not bad at all, but I just want to make sure everything as far as utilization inquiries software hard things of that nature are up and in great standing and also things that are being Reported so the three credit bureaus all right so also. I would also recommend to make sure you get your annual credit report. You can get a free credit report every year, all right for all three credit bureaus Equifax, TransUnion and Experian. I could put that link in the description for you guys as well.

So if you see something, let's say you don't have a credit monitoring service. So let's say you just wanted to do this anyway, as a habit, because I do this every year, you pull your credit for free on our website. I think I believe they can sentence you to be a male or be a. You know.

A electronic file which I did electronic file and you can kind of just go through your report. Now it's not going to give a score so gon na just give you a report which is really important. You can see what's on there see if something is not accurate to see if something is accurate and kind of go from there now also the most important thing that I do that's free and this really helps out the credit. This really helps out the Social Security, because the other two methods I mean once they've, gotten your Social.

It's pretty much over. Freeze your credit. You are entitled in the United States. You are entitled to have your credit frozen for free of charge.

What that means is, if, let's say somebody got my social security number from a data breach or anything like that, and they tried to go out there and get a credit card go out there and get a bank account go out there and get a mortgage go Out there and get a lease or finance or whatever and my credit is frozen for all three credit bureaus, they will not be able to be approved. Yes, they I have my social, which is a bad thing really bad, but the worst thing that they can do have the information is one thing actually using. It is a lot worse. Okay, so if your credit is frozen, they have no access, they can't apply for a credit card and get approve.

They cannot apply for a loan and get approved. They cannot apply for a mortgage HELOC finance at least anything and be approved because your credit is frozen, which is an awesome thing, so you can freeze your credit by calling each credit bureau or you can do it on each credit bridge website. You can actually freeze your credit for free, our freeze means you cannot apply for anything. You will automatically get declined.

I freeze all of them. If you try to apply for something you have to unfreeze it, it's really easy to unfreeze up. You call them right back or you go online and you unfreeze. So if I want to apply for a chase card - and I know Chase pools - are certain credit bureau, I simply have to only unfreeze that one credit bureau making a quick call going online unfreezing it.

You can have the option to unfreeze it for a certain time frame. Typically, what I do is I unfreeze it for one day and how to get placed back on without me, even calling it the next day. So it's unfrozen for one day the freeze is placed back the next day. I keep my credit frozen, it does not cost.

You you can freeze and unfreeze as many times as you want. That is your right as a u.s. person. Okay, US citizen, who has a credit report, credit score.

You can freeze your credit. That is the best thing and it's really awesome. It doesn't charge you okay, so that's what's going on with capital wall right now again me I just applied for a credit card two months ago, so I could be affected by but again guys. If you are affect about I'm truly sorry, I mean it happens, but I just gave you a really good way.

I think the best way is to really freeze your credit. Definitely still monitor your credit, even if there's no data breaches, because there always is those there's. Typically, a data breach here and there maybe once every couple years, and sometimes you have these really big ones that we've been having over these last couple of years. You want to make sure you're always a step ahead of the game, though, make sure your credit is frozen if your credit is frozen.

A lot of people don't know that when I talk to people on the streets, when I talk to people but places they don't know, you can freeze your credit. I always like to make sure I put people on game because it saves us as a whole and the word gets around. So this helps you out make sure you give me a thumbs up, make sure you have subscribed thanks so much for tuning in. I see you guys in the next video take care.

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