Credit Unfreezes Vs. Credit Thaws Vs. Credit Unlocks

MoneyTips

Identity thieves aren't going to open any accounts in your name, because you applied either a credit freeze or a credit lock to your account with all three of the major credit reporting agencies (Experian, Equifax and TransUnion). Lenders can't access your credit report, and therefore, they won't issue credit in your name.

If you want to open a legitimate credit account, you'll have to remove the barrier (permanently unfreeze your credit, temporarily thaw a credit freeze, or unlock a credit lock). How do you remove and reapply your credit protection in the most efficient way possible?

The key is to keep the fewest number of accounts open for the shortest time possible. You'll decrease the odds of criminals opening a fraudulent account in your name – especially if they've tried and failed before. They'll move on to easier targets.

Credit freezes and credit locks both prevent ...

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