Experian now allows credit freezes, too
Thursday, Experian announced that, starting November 1, it will allow consumers the option of ‘freezing’ their credit file. Experian is the final credit bureau to allow credit freezes. Equifax and Transunion have previously announced their intention to do so. Their programs roll out October 15.
A credit freeze prevents access to your credit file. Since no one can check your credit, would-be identity thieves cannot open new lines of credit in your name.
It will cost $10 to freeze or unfreeze your file, unless your state’s law mandates a lower cost. The option to freeze your file will be available to consumers in all 50 states. Currently, only 39 states had provisions for freezing a credit file. This action makes that a moot point.
Here’s another post I wrote about credit freezes you might find of interest. Among other things, this article explains how to go about freezing your files.
credit
October 4th, 2007 at 7:52 pm
Nice. That might be worthwhile at some point. Once we’ve got a mortgage and whatnot. Before then, I don’t want to worry about putting it on and taking it off.
October 4th, 2007 at 8:34 pm
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