Ask Terry Questions Credit rating

Credit rating

By Terry Savage on October 16, 2019 | Credit/Debt

A couple of years back, because of an identity scare (I don’t remember the company hacked), you suggested freezing all credit reports. I did this. Is it OK to unfreeze the three credit companies now or better to wait?

Terry Says

If you’re not applying for new credit (or taking out a life insurance policy, or getting new auto insurance) then I see no reason to “un-freeze” your credit.  That freeze keeps someone from opening NEW credit in your name.  But you should still check your report annually through 



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