According to CNN Money (May 22, 2018) - You will soon be able to freeze your credit report for free, a step that can help protect you from identity theft. The provision was included in a broader bill passed by the House on Tuesday, which rolled back regulations on banks created by Dodd-Frank. The bill now heads to President Donald Trump's desk.
The new legislation will make placing, lifting, and permanently removing freezes free no matter where you live. It also requires consumer rating companies to fulfill your request within one business day if made online or over the phone, and within three business days if requested by mail.
The changes will take effect about four months after the bill is signed.
In February 2018, I wrote about using a Credit Freeze for Privacy and Security.
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