FREE credit freeze

A credit freeze, also known as a security freeze, is a powerful tool to protect yourself from credit fraud due to identity theft. When you place a credit freeze, most companies won’t be able to access your credit report without your consent. It’s entirely free to freeze, unfreeze, or temporarily lift the freeze, and it won’t impact your credit score¹²³. Think of it as an extra layer of security for your credit report! 😊

Benefits

1. Protection Against Identity Theft: A credit freeze restricts access to your credit report, making it difficult for identity thieves to open new accounts in your name. Even if someone has your personal information, they won’t be able to use it to apply for credit without your consent.
2. Peace of Mind: Knowing that your credit information is secure provides peace of mind. You won’t have to worry about unauthorized credit inquiries or fraudulent accounts.
3. Control Over Access: With a credit freeze, you have control over who can access your credit report. When you need to apply for credit (e.g., a loan, credit card, or mortgage), you can temporarily lift the freeze for a specific period or for a specific creditor.
4. No Impact on Existing Accounts: Placing a credit freeze doesn’t affect your existing credit accounts or credit score. It only prevents new accounts from being opened without your knowledge.

Remember that while credit freezes offer strong protection, they also require proactive management. If you decide to apply for new credit, you’ll need to temporarily lift the freeze. Overall, it’s a valuable tool to safeguard your financial well-being!

There are three credit bureaus that you have to coordinate with to manage a freeze. Click the links below for more information.

Experian, Equifax, Transunion