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How to Initiate a Credit Freeze

I have had many questions on how to initiate a credit freeze. A credit freeze is probably the best strategy to protect yourself when it comes to identity theft. It allows you to lock up or freeze your credit file so no one can get to it.

How to Initiate a Credit Freeze

I have had many questions on how to initiate a credit freeze. A credit freeze is probably the best strategy to protect yourself when it comes to identity theft. It allows you to lock up or freeze your credit file so no one can get to it. In light of the 143 million consumers that were compromised in the Equifax hack. this is something worth looking into.

There are a few downsides. First, you have to go through the trouble of unlocking your credit if you want to open up an account. Second, it costs round $10 to do it and you have to do it three times. Now it does say in the fine print that they will waive the fee if you have been a victim of identity theft. If you are one that Equifax says has been compromised, I would at least try to get them to waive the fee.

Remember you have 3 credit reporting agencies that hold your files.

If you can, lock up those credit files with a security freeze. Here are the links!

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I'm not sure Transunion charges for freezing. Unless they are hiding the disclosure. Even then...$10 is pretty cheap for avoiding the hassle of a hack.

@liberty I would agree - I do think that they charge the fee unless you can show proof you were a victim of identity theft

Huge topic, thanks for sharing. Personal info is very sensitive, students especially need to be money savvy as they use tech to handle more personal finances.

@InviteEducation good point - I would think that college students are a huge target. When it comes to technology, I think that security is taken for granted.

It appears I made a mistake when I attempted to freeze my credit using the link for Equifax. I completed the form and clicked submit, but nothing happened afterward.

@RMC459 Did the fee go through? I would call Equifax and inquire - they can tell you. Here is the link http://www.equifax.com/cs/Satellite?pagename=contact_us let me know what happens

I only completed the first step. I believe I'm due to a free freeze because I was listed as someone that was potentially exposed(based on their site). I'll contact them. Thanks!

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