Credit Freeze
You are worried about your identity being stolen in the wake of a massive cybersecurity attack by hackers in a nation you’d never heard of until today. To prevent cyber thieves from using your credit information to open accounts or steal your identity, you might notify credit agencies and tell them to freeze your credit. This is a common decision by people whose identities have been stolen in the past.
A credit freeze is a process that stops anyone from accessing your credit report, and thus from issuing you loans or other lines of credit. The inability of a lender to access a credit report would effectively lead to them rejecting a credit application.
Consumers can end a credit freeze by notifying agencies of the decision and paying a small sum.
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Finance: What is the Equal Credit Opport...6 Views
Finance a la shmoop what is the Equal Credit Opportunity Act? alright people while the
federal government thinks everyone should have the equal opportunity to get [Men in Federal Government appear]
into debt isn't that sweet of them you know that Uncle Sam well he sure does
have a heart of gold this federal law makes it illegal to discriminate against
people who are applying for financing on pretty much anything legal based on
their age gender marital status religious affiliation ethnic or national
background or public assistance benefits your credit score however well that
still matters sorry just keeping it real
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