What’s a Credit Freeze?
May 4, 2011 7:54 am Leave your thoughtsA summary of credit freezes, their value to consumer's and their downsides
A summary of credit freezes, their value to consumer's and their downsides
Everyone must start somewhere! Establishing credit can be difficult and confusing, especially for someone at a young age.
The Financial Reform Legislation will require lender certify that consumers have a reasonable ability to repay a loan. Lenders will look at your income closely, but this will also force more scrutiny on your credit score.
A key part of controlling and protecting your credit score is to know who is looking at your credit report and why.
Your credit report is NOT a substitute for a government issued physical form of identification; it is only a tool to verify your identity.