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New Texas law on credit report freeze - everyone can freeze credit report

Tue Jan 8, 2008 12:01AM | By Tony

See more in Credit Bureaus | Permalink | Email | Comments (0)

Q: Can I freeze my credit in Texas if I wasn't a victim of identity theft, it seems that the law was changed recently but I can't find the legislation. Please tell me how much I have to pay each one to get a credit freeze.

A: To freeze credit report, you must write to one of the three credit bureaus listed below.

Each credit bureau charges a $10 fee, unless the fee is waived because you an ID theft victim. To prove you are a victim, and to avoid the fees, you must send a copy of a report of alleged identity fraud or an identity theft passport to each of the credit bureaus.

Write to one of the three addresses below and include the information that follows:

Equifax Security Freeze
P.O. Box 105788
Atlanta, GA 30348

Experian Security Freeze
P.O. Box 9554
Allen, TX 75013

Trans Union Security Freeze
P.O. Box 6790
Fullerton, CA 92834-6790

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 5 business days from receipt of the consumer’s letter by the credit reporting agency.

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