If I live in Texas I can't freeze credit until I've been a victim?
Texas law regarding credit report freeze changed. If you are a victim, you pay no fees. Here how the credit freeze law is explained:
Any consumer in Texas may request a security freeze in writing by certified mail to the credit reporting agency.
The credit reporting agency shall not charge a fee to victims of identity theft for placing, temporarily lifting, or removing a security freeze on their credit report.
For all other consumers, a $10 fee will be applied to place, temporarily lift or remove a security freeze on their credit report. A $12 fee may be charged for the release of a credit report to a specific person.
A security freeze shall prohibit, with certain specific exceptions, the credit reporting agency from releasing the consumer’s credit report or any information from it without the express authorization of the consumer. The freeze goes into effect five (5) business days from receipt of the consumer’s letter by the credit reporting agency.
Mon Sep 3, 2007 12:09AM | Copyright: www.bad-credit-advisor.com | More in Credit Repair Tips | Comments (0)
Recent Entries
- Capital One Secured Credit Card to Improve Credit Score - Review
- How to get approved for mortgage - loan approval help
- Spouse average FICO credit score is higher?
- Why average credit score?
- Getting mortgage after bankruptcy - go FHA
- Debt settlement and how it affects credit score
- Debt settlement with Citibank
- Can I settle with credit card company with no late payments?
- Credit card limit lowered, credit score goes down
- Gold price will rise in 2011
