Question Wednesday

Photo credit: Steven Depolo, CC BY 2.0.

It’s Wednesday, which means it’s time to defrost our financial questions.

Here’s my question: now that new legislation has made credit freezes free (as of September 21, anyway), are any Billfolders who haven’t already frozen their credit reports going to do so?

I froze my credit reports right after the Equifax breach (or after we learned about the Equifax breach, anyway) and it’s proven to be a huge hassle; I’ve had to unfreeze and refreeze multiple times over the past year, and even though I knew that freezing your credit reports meant taking the time to unfreeze them before, say, applying for a credit card, I hadn’t realized I’d also need to unfreeze my accounts before I could do things like set up electricity in my new apartment.

On the plus side, my identity hasn’t been stolen (as far as I know) and although I can’t attribute that to my decision to freeze my credit reports, I can pretend that they’re related!

Discuss credit freezes — or ask your own questions — in the comments.


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