![]() Security freezes must be placed separately at each of the three nationwide credit bureaus With a security freeze, your credit reports cannot be accessed (with some exceptions) to open new credit unless you temporarily lift or permanently remove the credit freeze. With a fraud alert, if anyone – including you! – tries to open a new credit account in your name or make changes to an existing account, the company must take reasonable steps to confirm your identity, such as contacting you by phone at a number you provide, before granting the request. Security freezes and fraud alerts are not the sameĪ fraud alert is a notice placed on your credit reports that alerts credit card companies and others who may extend you credit that you may have been a victim of fraud, including identity theft. ![]() Security freezes are freeĪ federal law that went into effect in September 2018 made placing, temporarily lifting, or permanently removing a security freeze free nationwide. While you may know that, and may even have a security freeze on your credit reports, here are some facts you may not know about security freezes.
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