Do you have the Most Effective Tool to Protect Your Financial Identity?

Credit Freeze / Security Freeze

Freezing your credit is one of the best ways to protect yourself. It will prevent potential creditors, insurers, and others who do not have an existing account or business relationship with you from obtaining or accessing your credit file until you instruct the credit bureaus to unfreeze your credit report. It does not prevent companies with an existing account with you, or a collection agency acting on behalf of the existing account, from accessing your credit report. They are designed to prevent a credit bureau from releasing your credit report without your consent.

Clark Howard of CNN says, “Credit freezes are one of the most effective tools against economic ID theft available to consumers.” http://www.clarkhoward.com/news/clark-howard/personal-finance-credit/credit-freeze-and-thaw-guide/nFbL/

The cost and availability of placing a Credit Freeze varies by state. You can get more information from Financial Privacy Now: http://www.consumersunion.org/campaigns/learn_more/003484indiv.html

You need to place the freeze at each of the Credit Reporting Bureaus.

Freeze out those Financial Identity Thieves.

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About Bruce Demarest

Bruce Demarest is a Identity Theft Protection Specialist. He has designed and taught classes to educate individuals and businesses in identity theft risk management. The individuals have learned how to continuously monitor their financial identities from credit fraud, plus how to monitor their personal identifying information for unauthorized use. His business clients have become compliant with the federal & state privacy laws. He has conducted information security audits to identify their potential problems and has designed security policies, programs, and practices to address those problem areas.
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2 Responses to Do you have the Most Effective Tool to Protect Your Financial Identity?

  1. Pingback: Don’t Let Your New Car Drive Away with Your Identity | Bruce Demarest Creating Cultures of Security

  2. Pingback: Someone Used My Credit Card Number Am I An Identity Theft Victim? | Bruce Demarest Creating Cultures of Security

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