So I'm sure many of you have heard by now about the Canada Student Loans Privacy Breach. Basically according to HRSDC a "electronic storage device" containing information regarding various student loan borrowers from the years 2000-2006 was misplaced. According to this site, they sent out letters to everyone who was affected to let them know what happened and what steps they should take. I did not receive a letter so I thought I would call the toll free number.
I spoke to a very nice lady who confirmed that I was indeed affected and I gave her my current address to resend the letter. The government has arranged with Equifax to set up extra protection for all those that were affected, free of charge for 6 years. Basically it just says that if you are trying to get another loan you will have to take a few extra steps to verify your identity. So I figured I might as well sign up for it so she said she would forward my info to Equifax and they would send me a letter to confirm that the extra protection was set up for me.
But now I'm starting to wonder if I should of done that. I told my mom and she kinda freaked out on me saying I shouldn't have done that because now if I need to get a loan for something they are going to give me a huge hassle. I don't really plan on getting any other loans in the next 6 years unless its a mortgage (which is a big deal) so I'm kinda worried now.
Once I get this letter from Equifax I'm going to call them to get more information regarding what these "extra steps" would be that I would have to go through to get another loan in the future. I hope this wasn't a mistake :( Ugh.