Is there a difference between a fraud alert and a credit freeze?
Certain states allow individuals to implement a security or identity “freeze” that completely locks, or freezes, access to your consumer credit report and credit score. With a credit freeze, a business will not issue new credit to anyone in your name – including you, unless you unlock your file. When you want to access your own credit, you will need to formally unlock access to the credit file. Certain fees may apply. A fraud alert does not freeze your credit, rather; it safeguards your credit from unauthorized use. Once you become a SecurID member, SecurID places fraud alert requests at the three credit bureaus and automatically renews the requests every 90 days.
