What is a credit report freeze?

A credit report freeze, also known as a security freeze, is a way to protect your credit from identity theft and fraud. It is a tool you can use to stop potential creditors from accessing your credit reports without your permission. When you freeze your credit report, the credit reporting agencies (Equifax, Experian, and Trans Union) are prohibited from releasing your credit report to anyone who asks. This prevents anyone from opening a new line of credit in your name. In California, you can place a credit report freeze free of charge by filing a request with the credit reporting agencies in writing, over the phone, or online. You can also request a security freeze from the California Consumer Debt Defense Law if you are a victim of identity theft. When you freeze your credit report, you will receive a confirmation letter with a PIN or password that you can use to lift the freeze. You will need to provide this PIN or password to any consumer reporting agencies you have requested to unfreeze your credit. In California, you can unfreeze your credit report in the same ways you can freeze it. Also, if you apply for credit, the consumer reporting agency will temporarily lift the freeze upon request. In conclusion, a credit report freeze is a way to protect your credit from identity theft and fraud. It is free to place and lift the freeze in California and it is important to keep your PIN or password safe so you can access it whenever you may need to.

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