Starting today you can freeze and thaw your credit reports with no fee, thanks to a law passed by Congress.
Credit freezing can be useful to prevent fraud as it will prevent new accounts from being opened, but you need to remember to thaw your reports before you apply for credit.
You may also be able to use freezing to your advantage in case you have many hard pulls on one credit report and don’t think you’ll get approved for a credit card, you may be able to have the bank’s reconsideration department look at another report that isn’t frozen. People have success getting banks like Chase to check another report when one or two are frozen. Capital One does 3 hard pulls when you apply for credit, but people have had success freezing one or 2 reports to limit the hard pulls that they do.
- Click here to freeze/thaw your Equifax report.
- Click here to freeze/thaw your Experian report.
- Click here to freeze/thaw your Transunion report.
What are your credit freezing strategies?