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Experian to allow freezing of credit report

experian Experian to allow freezing of credit reportExperian, a global information solutions provider, today announced that it will offer the option to freeze credit reports to consumers nationwide starting Nov. 1. A credit file freeze prevents new creditors from accessing the credit file without the consumer’s consent.

“Now that a national model for file freezing has emerged, Experian is offering this option to help prevent consumer confusion. Placing a freeze on a credit file is a major decision for a consumer. It will be one option among a broad range of fraud assistance tools we already provide to consumers so that they may make the choice best suited to their situation,” said Kerry Williams, group president, Credit Services & Decision Analytics.

Experian’s file freeze will be free to victims of identity theft. Unless state law mandates otherwise, there will be a $10 fee to institute, temporarily lift or permanently remove the freeze.

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3 people thinks stuff!

  1. [...] cleaning out my aggregator, I came across the news that Experian will now (for a small fee) allow folks to put a “freeze” on their credit report so it can’t be accessed without authorization.  The service will be free to victims of [...]

    By This Should’ve Been a Consumer No-Brainer » Another Blogger on October 6, 2007 1:05 pm

  2. [...] Leo Blanco wrote a fantastic post today on “Experian to allow freezing of credit report”Here’s ONLY a quick extractExperian, a global information solutions provider, today announced that it will offer the option to freeze credit reports to consumers nationwide starting Nov. 1. A credit file freeze prevents new creditors from accessing the credit … [...]

    By www.bestfinancialadvisor.info » Experian to allow freezing of credit report on October 6, 2007 3:35 pm

  3. [...] Leo Blanco wrote a fantastic post today on “Experian to allow freezing of credit report”Here’s ONLY a quick extractExperian, a global information solutions provider, today announced that it will offer the option to freeze credit reports to consumers nationwide starting Nov. 1. A credit file freeze prevents new creditors from accessing the credit … [...]

    By www.topcreditcardsadvice.info » Experian to allow freezing of credit report on October 9, 2007 2:35 pm

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