A Credit Freeze, also known as a Security Freeze, is a way for you to have maximum control of access to your credit.
A more dramatic step to protect your credit
If you are very concerned about becoming a victim of fraud or identity theft, a Security Freeze might be right for you.
Placing a freeze on your credit report will prevent lenders and others from accessing your TransUnion Credit Report entirely, which will prevent them from extending credit. With a Security Freeze in place, even you will need to take special steps when you wish to apply for any type of credit.
Because of more stringent security features, you will need to place a Security Freeze separately with each of the three major credit reporting companies if you want the freeze on all of your credit files. A Security Freeze remains on your credit file until you remove it or choose
to lift it temporarily when applying for credit or credit-dependent services.
Placing a protective freeze for a child can prevent fraudulent accounts from being opened with your child’s identity. If you are the parent/legal guardian of a minor or medically incapacitated consumer and reside in an eligible state, you may have the right to request a Protected Consumer Freeze.
- You want maximum control of your credit
- You are concerned that you might become a victim of fraud/ID theft
- You are a victim of fraud/ID theft
- You won’t need to apply for credit in the foreseeable future
- Place a Security Freeze with each of the 3 CRCs 1 individually - With credit frozen, you will need to take special steps when you want to apply for credit
1 CRCs = Three major credit reporting companies – TransUnion, Equifax and Experian