Credit Repair

A 4-Step Guide to Lock Your Credit History

There can be an array of reasons why you may want to lock your . For example, you may like to do this in order to avoid the possibility of identity theft. People often request for a security lock or freeze on their credit file when they become a victim of identity theft. But, why wait for such unfortunate things to happen? You can go ahead and put a security lock in order to avoid getting into such unpleasant circumstances. When such a lock is activated, no unauthorized persons will be able to view your credit file. You will have to tell the credit-reporting agencies in writing that which lenders are authorized to view your file. Following are the four steps that you need to follow in this regard.

Give a Call to the Credit Bureau

There are three major credit bureaus that prepare your credit report. So, the first thing that you have to do is to give a call to the concerned bureau and request them to freeze your credit history. When you give them a call, they will ask certain security questions. So, be prepared to answer those questions. Besides that, you will also be asked to provide your name, mailing address, date of birth, and social security number. In some cases, you may even be asked to fax a proof of your identity.

Explain the Reasons

Credit bureaus will not freeze your credit file unless you have some valid reasons. After this, they will file your request and give you a security pin number. This pin number will help you track the progress on your request. So, make sure you write it down on a piece of paper and keep it at a secure place.

Get Necessary Details

Once your credit history is locked, the process for requesting your will change. Ask the representatives to describe those changes to you. In some cases, the bureau may also ask you to make a certain amount of fee to freeze and unfreeze the account. So, while you are giving them a call to place your request, make sure you ask them specifically about any charges that are involved with this process. The fee, wherever applicable, is usually not more than $10.

Co-operate

In order to process the credit freeze, the bureau may require you to follow up with certain tasks. Unless you co-operate well, it may not be very easy to get your credit file locked.

It is very important for you to keep in mind that when you freeze your credit history, even you will not be able to request a free report. You will also have to follow the set procedure and place your request in writing, authorizing yourself to view your reports.


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Posted in Credit History, Credit Repair | 1 Comment »

One Response to “A 4-Step Guide to Lock Your Credit History”

  1. Robert says:

    An interesting and informative article. Many people are afraid of identity theft; the solution is to freeze on the credit file. Any individual who want to adopt this solution, can do it by following some easy steps. First of all you must be aware some pros and cons of this process. Once you freeze your credit file, you will not be able to get a free credit report. After reviewing the facts, if any one wants to go for it, he/ she can request to the credit bureau. They will enquire about your identity and ask you some questions to confirm your identity. You should possess some valid reason to freeze your life. After freezing the file, you will have to pay some fee to unfreeze the account. So, beware of that. Freezing your credit file will definitely give you a sigh of relief because you can make yourself free from the possibility of theft. But for getting this relief, you have to cooperate with the concerned authority, as without your cooperation the process of freezing your credit file will not be possible. So, just go ahead with the tips given in the article and enjoy with your plastic money.

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