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Credit Bureaus Fight Consumer-Ordered Freezes

Tags » Credit Bureaus, Credit Scores, Identity Theft

In an article titled 'Credit Bureaus Fight Consumer-Ordered Freezes", Byron Acohido and Jon Swartz write for USA Today about the Consumer Data Industry Association and its efforts on behalf of the three major credit bureaus (Experian, Equifax and TransUnion) to slow legislative efforts at the state level regarding laws that enable consumers to freeze access to their credit histories. They write that "by far the best protection against new-account fraud is a credit freeze, say credit consultants and fraud investigators. A credit freeze bars the credit bureaus from issuing your credit report — the summary of loans and payments that forms the basis of your credit score."


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