Equifax, TransUnion, and Experian all offer account freezing for free. Take advantage of it! It is a great way to prevent someone from wrecking your credit

  • huginn@feddit.it
    0·
    10 months ago

    I did this when the Equifax breaches happened.

    Freezing the accounts definitely had negative impacts on my credit score, despite having safe CC utilization and no debt. I saw about a 20 point dip from doing it.

    Sure they claim it won’t have any effect but being safe is risky behavior to a business that relies on you being unsafe.

    • 👍Maximum Derek👍@discuss.tchncs.deEnglish
      0·
      10 months ago

      I also did it at that time. I was afraid it was going to be an inconvenience, but its only come up twice in all that time.

      For people considering it, you can request a short-term thaw any time you know you’re going to be doing something that requires a credit check. That way it gets refrozen without the chance of me forgetting to do so.