We have another smart post from our friends at SavvySugar. Check it out:
Freezing your credit report is an option for you if you want to play offense with identity thieves, and won't be in the market for any new credit in the near future (including shopping for a new cell phone or utility service).
If you've been a victim of identity theft freezing your credit report won't cost you any money, but if you've come this far without having your identity stolen, then freezing your credit report comes with a fee.
Equifax: If you want to apply by mail, send a certified letter with these elements: name, address, date of birth, social security number, utility bill for proof of address, payment, and a police report if you are a victim. To apply online, fill out this form here and submit your information.
- TransUnion: To apply by mail, send a letter with the following: name, address, social security number, copy of your driver's license, and payment. To process your freeze online, go to this link.
- Experian: To freeze by mail, send a request by certified or overnight mail including the following: name, social security number, date of birth, current and past addresses dating back two years, a copy of your driver's license, and one utility bill. To do it online, visit this link to sign up for an account to freeze your credit.
Visit each credit bureau's website to see your state's specific requirements and fees are for freezing your credit report.
Do you think that freezing your credit report would be a good investment, or a waste of time and money?