GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
It doesnt cost a thing.
What Does It Mean to Freeze Your Credit?
It gives you control over your most sensitive personal and financial data without much downside.
How Long Does It Take to Freeze Your Credit?
Either way, youll receive a confirmation from each bureau once the freeze is in place.
Unfreezing is also free, doesnt affect your credit and usually takes effect within minutes.
This service comes at a cost with two of the three bureaus.
Tip:A freeze provides the highest level of security for anyone worried about fraud or identity theft.
Does Freezing Your Credit Affect Your Credit Score?
Freezing your credit does not impact yourcredit scoreor affect your current accounts.
It only blocks new accounts from being opened in your name, legitimate or not.
you might continue using your credit cards and loans, and you must continue making on-time payments.
FAQ
Share This Article:
