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.

 


Support The Billfold on Patreon

The Billfold continues to exist thanks to support from our readers. Help us continue to do our work by supporting us on Patreon.

Become a Patron!

Comments