Consumers using ‘credit freeze’ to stop scammers

‘Credit Freeze’ helps ward off scammers

MONTGOMERY, AL (WSFA) - Scammers are always trying to get your personal information. If you’re worried about someone opening an account in your name, there is something you can do.

With all the recent date breeches involving credit card companies and major retailers, some folks are now using a “credit freeze.”

"The good thing about this law is that it provides a lot more flexibility for consumers who want to freeze their credit, and then for whatever reason turn around and unfreeze it,” said David Smitherman with the Better Business Bureau.

In the past some states would make you pay for a credit freeze but a few months ago, a new law passed making them free in every state. If you want to freeze your credit you have to contact all three credit reporting agencies.

Here’s a link with contact information for Equifax, Experian, and Transunion.

Once your credit is frozen nobody can open an account in your name or make any major purchases that require a credit check. It also means nobody can check your credit report, including you. So, what happens when you’re ready to make a big purchase.

“Once you make a request to have your credit frozen it has to be done in one day. When you want it unfrozen it has to be done in one hour.” Smitherman said.

Consumer experts say if you do get a credit freeze it will not affect your credit score.

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