What is a credit freeze?
A credit freeze, also known as a security freeze, is a free way to restrict access to your credit report. Adding a freeze means no one, not even you, can open a new credit account while the freeze is in place. You can, however, temporarily remove this freeze at any time if you want to apply for new credit.
It is important to note that a credit freeze does not affect your credit score. While the freeze is in place, you will still be able to apply for a job, rent an apartment, purchase insurance, and receive pre-screened offers.
How to place a credit freeze?
To place a credit freeze on your credit profile, you must contact each of the three major credit bureaus:
- TransUnion - Phone: 888.909.8872 / Web: Credit Freeze | Freeze My Credit
- Equifax - Phone: 888.298.0045 / Web: Security Freeze | Freeze or Unfreeze Your Credit Equifax®
- Experian - Phone: 888.397.3742 / Web: Security Freeze | Experian
How to unfreeze your credit profile?
You must contact the three major credit bureaus to unfreeze your credit profile. Each bureau has a different process, but each will initially provide you with a PIN to unfreeze your profile.