bad Credit

Credit freeze vs. fraud alert — what’s the difference?

Credit freeze vs. fraud alert — what's the difference?
Written by Publishing Team

Identity theft that leads to fraudulent credit accounts being opened in your name can be a pain to correct and cause long-term damage to your financial well-being. As a consumer, you have two tools at your disposal to limit criminals’ ability to take over your credit: fraud alerts and credit freezes.

“These are good credit protection tools, but they shouldn’t lead to a false sense of security,” says Bruce McClary, senior vice president of membership and communications at the National Credit Counseling Corporation. “Everyone should remain vigilant and check their credit regularly, even if they use fraud or freeze alerts.”

About the author

Publishing Team

Leave a Comment