Ask Terry Questions freeze on my credit reports

freeze on my credit reports

By Terry Savage on February 08, 2015 | Credit/Debt

How do I put a freeze on my credit reports

Terry Says:  Contact each of the three major credit bureaus.  Go to www.Experian.com; www.TransUnion.com; and www.Equifax.com.   For example, here is the exact link to the credit freeze section at Experian:  https://www.experian.com/freeze/center.html   Experian does not tell you how much the freeze costs until you have filled out the form completely!  But, they are happy to sell you a $15.95/monthy identity protection service, which might be useful if you suspect your identity has been compromised since it also includes help resolving identity theft issues.

Otherwise a freeze will do the job, but it will cost you a small  amount at each site — unless you have already been the victim of identity theft, in which case it is free.  But remember, if you are going to apply for a mortgage, life insurance,  a car loan, or open a new credit card account, your credit is blocked –until you pay to lift the freeze!  And, while a freeze protects you against anyone opening new credit in your name, it may not protect against unauthorized use of existing cards. So keep checking your card balances online — and promptly report any suspected misuse.

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