Credit Freeze
A tool that restricts access to your credit report to provide identity theft protection
Credit Freeze Definition:
A credit freeze, also known as a security freeze, is a free tool offered by all three major credit bureaus that restricts access to your credit report, making it harder for identity thieves to open new accounts in your name. When you place a freeze, you’ll receive a unique PIN or password to temporarily lift or remove it. A freeze stays in place until you choose to lift it and does not affect your credit score, existing accounts, or your ability to get free annual credit reports.
When to Consider a Credit Freeze
After confirmed or suspected identity theft
If your personal data was exposed in a data breach
As a proactive step to prevent new account fraud
Benefits
Strong protection against unauthorized new accounts
Free at Experian, Equifax, and TransUnion
Stays in place until you lift it
Limitations:
Doesn’t prevent fraud on existing accounts
May delay new credit applications until lifted
Doesn’t replace credit monitoring
Quick Links
Frequently Asked Questions:
Does a credit freeze affect my credit score?
No. A credit freeze has no impact on your credit score.
Can I still use my existing credit cards with a freeze?
Yes. A freeze only blocks access to your credit report for new applications — it won’t affect current accounts.
How do I lift a credit freeze?
You can temporarily or permanently lift a freeze online, by phone, or by mail using your PIN/password from each bureau.
Is a credit freeze better than a fraud alert?
A freeze blocks most access to your credit report, while a fraud alert still allows creditors to access your report after verifying your identity. Many people use both.
