Credit bureaus offer two services to help secure your credit and prevent identity theft, fraud alerts and credit freezes. Fraud alerts are free though less secure since the alert relies on the creditor following through by placing a call to the person whose name is on the credit report. A credit freeze locks down your credit; creditors are unable to access your credit report without your permission to thaw the file. There can be a cost to freeze your credit, depending on your state, though it is free for anyone who has been a victim of identity theft.
Step 1
Determine the method you would like to use to place the freeze. All three credit bureaus--Equifax, Experian and TransUnion--allow individuals to make the request online, in writing or over the phone.
Step 2
Freeze your credit file with each credit bureau. You might be required to pay a fee depending on your state. Some states allow free credit freezes, even for those who haven't been victims of identity thefts. Others charge a fee as much as $10 per bureau. Each credit bureau's website lists the fees associated by state, or you can call to request that information. When requesting the freeze, you will be required to provide your full name, address, date of birth and Social Security number. If you have been a victim of identity theft, you will be required to mail a copy of the police report. All requests and information sent in writing should be sent certified mail return receipt requested.
Step 3
Keep copies of your credit freeze confirmation, along with the unique PIN you receive from the credit bureau. This PIN will allow you to temporarily lift the freeze whenever you need to apply for things such as a mortgage, car loan or credit card. Commit this number to memory and keep a copy in a secure location. Do not share this PIN with anyone.
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