![]() It might help to learn other simple ways to help prevent identity theft. But that information can be hard to track down.įinally, credit freezes are just one way you might protect yourself. If you know which credit bureau a lender will use to review your credit, you may be able to avoid unfreezing at each bureau. You may also have to unfreeze your credit if a credit check is required to rent an apartment or turn on utilities. Every time you apply for a loan-including applications for credit cards, auto financing and mortgages-you’ll need to unfreeze your account so potential lenders can review your credit. Second, placing a freeze won’t hurt your ability to build credit with your existing accounts, but it also won’t keep your credit scores from going down if negative information is reported to the bureaus.įreezing your credit might help protect your personal information, but it can also keep legitimate lenders from accessing your accounts. You’re still responsible for making at least the minimum payments on all your accounts every month. How to freeze your credit with TransUnionįirst, freezing your credit doesn’t mean you can stop paying off debts. Supporting documents include a copy of a government-issued ID-such as a driver’s license-and a copy of a utility bill, bank statement or insurance statement. You also need to include your SSN, birthdate and complete addresses for the past two years. The company says your letter should include your full name, middle initial and generation, if you’re a junior or senior. Mail: Experian has specific directions about requesting a credit freeze by mail.You’ll be required to provide your SSN to get started. Phone: Call 88 and follow the prompts.The PIN is important for managing your freeze, so be sure to keep track of it. You can also choose to have a random number assigned to you. You’ll also be asked to create a PIN to manage your account. Online: Placing an online freeze with Experian starts with providing some personal information.This article has been viewed 1,354 times.Here’s how you can start the Experian credit freeze process: Jonathan has been featured in the New York Times, the Wall Street Journal, Money Tips, Mindful Magazine, and Business Insider among others. He also earned his Accredited Investment Fiduciary (AIF®) credential from Fi360. He studied Financial Analysis at the CFA Institute and earned his Certified Private Wealth Advisor (CPWA®) designation from The Investments & Wealth Institute. With over 25 years of financial advising experience, Jonathan is a speaker and the best-selling author of "Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend." Jonathan holds a BA in Philosophy and Religious Studies from Montana State University-Bozeman. Jonathan DeYoe is a Financial Advisor and the CEO of Mindful Money, a comprehensive financial planning and retirement income planning service based in Berkeley, California. This article was co-authored by Jonathan DeYoe, CPWA®, AIF® and by wikiHow staff writer, Jennifer Mueller, JD. This article has been viewed 1,354 times. There are 7 references cited in this article, which can be found at the bottom of the page. ![]()
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