credit freeze – Page 3 – Network Securitas

March 22, 2018

Survey: Americans Spent $1.4B on Credit Freeze Fees in Wake of Equifax Breach

This post was originally published on this siteAlmost 20 percent of Americans froze their credit file with one or more of the big three credit bureaus in the wake of last year’s data breach at Equifax, costing consumers an estimated $1.4 billion, according to a new study. The findings come as lawmakers in Congress are debating legislation that would make credit freezes free in every state. The figures, commissioned by small business loan provider Fundera and conducted by Wakefield Research, surveyed some 1,000 adults in the U.S. Respondents were asked to self-report how much they spent on the freezes; 32 percent said […]

May 9, 2018

Think You’ve Got Your Credit Freezes Covered? Think Again.

This post was originally published on this siteI spent a few days last week speaking at and attending a conference on responding to identity theft. The forum was held in Florida, one of the major epicenters for identity fraud complaints in United States. One gripe I heard from several presenters was that identity thieves increasingly are finding ways to open new lines of credit for things like mobile phones on people who have already frozen their credit files with the big-three credit bureaus. Here’s a look at what may be going on, and how you can protect yourself. Carrie Kerskie […]

September 10, 2018

In a Few Days, Credit Freezes Will Be Fee-Free

This post was originally published on this siteLater this month, all of the three major consumer credit bureaus will be required to offer free credit freezes to all Americans and their dependents. Maybe you’ve been holding off freezing your credit file because your home state currently charges a fee for placing or thawing a credit freeze, or because you believe it’s just not worth the hassle. If that accurately describes your views on the matter, this post may well change your mind. A credit freeze — also known as a “security freeze” — restricts access to your credit file, making […]

September 21, 2018

Credit Freezes are Free: Let the Ice Age Begin

This post was originally published on this siteIt is now free in every U.S. state to freeze and unfreeze your credit file and that of your dependents, a process that blocks identity thieves and others from looking at private details in your consumer credit history. If you’ve been holding out because you’re not particularly worried about ID theft, here’s another reason to reconsider: The credit bureaus profit from selling copies of your file to others, so freezing your file also lets you deny these dinosaurs a valuable revenue stream. Enacted in May 2018, the Economic Growth, Regulatory Relief and Consumer […]