Credit Freeze
College students get targeted for identity theft because their personal information is easy to steal. One way to protect against the improper use of your personal information is to set a credit freeze, which restricts access to your credit report. In the event your personal information is compromised, a credit freeze makes it difficult for thieves to open accounts using your personal information.
To set a credit freeze, you will need to contact all three major credit bureaus:
Each bureau has a slightly different process, so follow their directions carefully as each bureau's process may vary slightly.
Things to Keep in Mind About Setting a Credit Freeze
- All three major credit bureaus are required by law to offer credit freezes and credit thaws free of charge.
- Will not harm your credit score.
- A credit freeze only limits access to your credit history. You can still use your credit card under the terms of your credit card agreement.
- You can temporarily lift or thaw a credit freeze to allow lenders access to your credit report, when you are applying for credit.
- If you have no credit history, you may not be able to set a credit freeze.
*NOTE: Even with a credit freeze, some people may continue to have access to your credit information: This includes companies with whom you already have an existing account, certain federal, state or local agencies, and other limited exceptions. For more information about this, please see the helpful links section, below.