How to Cancel Equifax

• Equifax
• Equifax Credit Services
• Equifax Freeze Line

Equifax, also known as Equifax Inc. was founded in 1899 by Cator and Guy Woolford in Atlanta, Georgia under the name Retail Credit Company. Retail Credit Company had offices all over the United States and Canada by 1920. By the 1960s Retail Credit Company became one of the largest credit bureaus servicing millions of customers in the United States and Canada. Even though the company was primarily founded for credit reporting, the majority of its business came from making reports to insurance companies when customers applied for life, auto, fire, and medical insurance. Once Equifax expanded its services to commercial credit reports in the United States, Canada, and the United Kingdom, the insurance reporting division of the company was phased out. In October 2010 Equifax acquired Anakam. In October 2011 Equifax acquired eThority. In February 2016, Equifax acquired Verda, the largest Australian credit reporting agency. In July 2020, Equifax acquired Ansonia and expanded into commercial payment technology solutions. Equifax mainly focuses on the business-to-business sector by selling consumer credit and insurance reports to businesses in a variety of industries including insurance firms, healthcare providers, utilities, government agencies, banks, credit unions, and finance companies. A consumer credit report contains specific information on the individual such as the personal credit and payment history, indicating how they have honored financial obligations such as paying bills or repaying a loan. Credit grantors use this information to decide what sort of products or services to offer their customers, and on what terms. An individual with a better credit score and payment history will likely receive a lower interest rate on a loan or will be offered a higher line of credit than an individual with a poor payment history and lower credit score. Equifax began offering services to the credit consumer sector in 1999, such as credit fraud and identity theft prevention. Equifax also helps consumers make more informed financial decisions whether it be applying for a job or mortgage, financing an education, or buying a car by being able to access their credit report to see their credit score, their outstanding debt, and any accounts that have been sent to collections. Equifax currently employs approximately 14,000 people worldwide. One product that Equifax offers is Lock & Alert. Lock & Alert is a service that lets consumers open and close access to their Equifax credit reports from their computers or smartphones. When your credit report is closed it blocks prospective creditors who want to see your Equifax file before approving a loan for you or someone posing as you from accessing your Equifax credit report. Equifax does not charge for this service. Another product that Equifax offers is the Equifax Complete Family Plan. Equifax Complete Family Plan costs $29.95 per month. To sign up for Equifax Complete Family Plan, just go to their website and fill out the enrollment forms. You will need your first and last name, date of birth, social security number, phone number, email current address. If you are planning to add any minor children to the plan, you must submit the appropriate identification documents showing your legal guardianship before you will have access to any alerts on their account. Some of the features that Equifax Complete Family Plan has are Credit Bureau Reporting from the 3 major credit bureaus (Equifax, Experian, and TransUnion), credit monitoring features such as credit change alerts, account freeze help, triple bureau credit monitoring, access to FICO credit score, monthly credit reporting frequency, and identity protection such as identity theft insurance and with a maximum coverage limit of $1million and identity theft monitoring. The final product that Equifax offers is Equifax Complete Premier. Equifax Complete Premier costs $4.95 for the first 30 days and $19.95 per month thereafter. To sign up for Equifax Complete Premier, just go to their website and fill out the enrollment forms. You will need your first and last name, date of birth, social security number, phone number, email current address. Some of the features that Equifax Complete Premier has are annual access to your 3-bureau credit report and VantageScore credit scores daily access to your Equifax credit report and 1-bureau VantageScore credit score, 3-bureau credit monitoring with email notifications of key changes to your credit reports, WebScan notifications when your personal information, such as Social Security Number, credit/debit card or bank account numbers are found on fraudulent Internet trading sites, automatic fraud alerts, which encourages potential lenders to take extra steps to verify your identity before extending credit, plus blocked inquiry alerts and Equifax credit report lock, Identity Restoration to help restore your identity should you become a victim of identity theft, and a dedicated Identity Restoration Specialist to work on your behalf, up to $1,000,000 of identity theft insurance coverage for certain out of pocket expenses resulting from identity theft, Lost Wallet Assistance if your wallet is lost or stolen, and one-stop assistance in canceling and reissuing credit, debit and personal identification cards.

Get together the following account information:

• First Name
• Last Name
• Phone Number
• Email Address
• Username
• Password
• Billing Address
• City
• State/Province/Region
• ZIP/Postal Code
• Country
• Reason for Cancellation
• Last 4 Digits of Card
• Date of Last Charge
• Amount of Last Charge
• Social Security Number

Follow these steps:

1. Call 866-640-2273
2. Request that the agent cancel your account
3. When asked, give the agent your account information
4. Request that you be given a refund
5. Request that the agent provide you with a confirmation number or email
6. Retain any confirmation numbers or emails you receive for your records