Olde Hornet
Well-Known Member
Freezing your credit is now free free thanks to a 2018 law enacted after a massive data breach at Equifax, one of three major credit bureaus.Placing a freeze at all three credit reporting agencies can be done over the phone or online.Parents may also want to freeze their children's credit reports, which are especially valued by criminals.
The cyberattack that exposed millions of Capital One customers' data has many consumers wondering how to protect themselves against fraud or other misuse of their personal information. The best answer, security experts say: Freeze your credit as soon as possible.
Locking down your credit is much easier than it used to be — and it's completely free, thanks to a law that went into effect last year. Still, there's a misperception that freezing your credit is a hassle and requires a substantial amount of time, said Eva Velasquez, CEO of the Identity Theft Resource Center.