fraud alert

Putting a Freeze on Credit Files

In the wake of the Equifax breach, many people have explored options on additional security and damage control. Putting a security freeze is a step above fraud alerts and can prevent thieves from getting credit in a victim's name, even if they have their social security number. For those under 65 years of age, putting a credit freeze costs $10 (so a total of $30 for all three major credit bureaus). Freezes can be requested by mail or online, and the bureaus must place the freeze within three business days of receiving the message.