Effective Friday, September 21, 2018, Credit Freezes (and Unfreezes) are now FREE.


  • Global Moderator

    Effective Friday, September 21, 2018, Credit Freezes (and Unfreezes) are now FREE. (posted by THE DIGGLER)

    "Starting today you can now freeze and unfreeze your credit report nationwide for free (also referred to as a security freeze, credit report freeze or credit lock). This is thanks to the Economic Growth, Regulatory Relief, and Consumer Protection Act that was signed in May partly in response to the Equifax data breach. Under the new law consumer reporting agencies (Equifax, Experian, TransUnion) have until the next business day to enact a credit freeze and if a consumer wants to lift the freeze it must be done within an hour. These consumer reporting agencies have created dedicated web portals for freezes:

    Equifax
    Experian
    TransUnion
    A credit freeze means that your credit report is unable to be accessed or pulled from any of the consumer reporting agencies. Almost all lenders look at an individuals credit report before approving them for a loan, by having your report frozen this can prevent unauthorized loans in your name being processed – something particularly important to victims of identity theft.Previously the fees involved for placing and lifting a security freeze varied state by state. In addition fees also varied based on whether an individual was the victim of identity theft and also the individuals age. Some states already required consumer reporting agencies to provide credit report freezes for free."

    Credit DoC



  • I asked the mods to mirror my post in the Credit Forum (to Hot Deals):
    https://phatwalletforums.com/topic/10611/credit-report-freezes-and-unfreezes-are-now-free-nationwide-by-federal-law

    Perhaps this site doesn’t have true mirroring as MC posted it as a new post in this forum (he didn’t agree that it’s a hot deal, which is a subjective call).

    Anyway, the original post in Credit (linked above) has hyperlinks to Equifax, Experian and TransUnion for placing your credit freezes. 😉


  • Global Moderator

    @thediggler said in Effective Friday, September 21, 2018, Credit Freezes (and Unfreezes) are now FREE.:

    I asked the mods to mirror my post in the Credit Forum (to Hot Deals):
    https://phatwalletforums.com/topic/10611/credit-report-freezes-and-unfreezes-are-now-free-nationwide-by-federal-law

    Perhaps this site doesn’t have true mirroring as MC posted it as a new post in this forum (he didn’t agree that it’s a hot deal, which is a subjective call).

    Anyway, the original post in Credit (linked above) has hyperlinks to Equifax, Experian and TransUnion for placing your credit freezes. 😉

    @TheDiggler I explained to you why the choice was made to mirror to DD and not HD and said I hope this was satisfactory to you. I also explained that I didn’t add the hyperlinks, obviously that was because I just can’t move the same post over as a true ‘mirror’, if I could have, I would have.



  • @mistercheap My post wasn’t intended as a “dig” at you (no pun intended! 😛 ).

    Was just explaining to the rest of the community why the post was copy/pasted (not by me) and why it wasn’t mirrored to HD (as that’s where I asked for it to be mirrored). I’m fine w/ the decision to place it in DD; however, I suspect fewer eyeballs will see the thread. 😉


  • Global Moderator

    @thediggler said in Effective Friday, September 21, 2018, Credit Freezes (and Unfreezes) are now FREE.:

    @mistercheap My post wasn’t intended as a “dig” at you (no pun intended! 😛 ).

    Was just explaining to the rest of the community why the post was copy/pasted (not by me) and why it wasn’t mirrored to HD (as that’s where I asked for it to be mirrored). I’m fine w/ the decision to place it in DD; however, I suspect fewer eyeballs will see the thread. 😉

    actually, it may be seen more easily here. posts that aren’t ‘deals’ but more FYI posts get few replies and end up at the bottom of the pile on like page 7 of HD. DD has far fewer threads and this will stay on page 1 for weeks.



  • @mistercheap said in Effective Friday, September 21, 2018, Credit Freezes (and Unfreezes) are now FREE.:

    actually, it may be seen more easily here … DD has far fewer threads and this will stay on page 1 for weeks.

    The catch is that to see threads in DD, you have to go out of your way to enter the DD forum. HD is the default forum shown on this site (at least for me), where when navigating to this site, the list of threads in HD automatically appear.

    Personally, I hardly ever look in DD, which is why I’ve suggested that fewer eyeballs may see this thread/notification by keeping this notification in here.

    Maybe I’ll post a link in HD to my thread in Credit (won’t bother copy/pasting it). It may fall off the top page of HD quickly, but in the short period of time it’s there, more users should see it. 😉

    [EDIT] Link in HD added:
    https://phatwalletforums.com/topic/10657/credit-report-freezes-and-unfreezes-are-now-free-nationwide-by-federal-law-psuedo-mirror


 

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