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#1
11-09-2007, 06:47 AM
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Credit Freeze??
Anyone have any info on this?? I just saw on GMA that u can put a freeze on ur credit where NO one excpet the creditors u already have can look at ur reports. Now keep in mind, if u want to get a cell phone or such, u have to UN-freeze ur report for them to run ur credit...
Good thing or not?? Thanks for any info, Ang __________________
You will not be punished FOR your anger; you will be punished BY your anger. --Buddah 
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#2
11-09-2007, 07:00 AM
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Ang A credit freeze is just what it says.No one can pull your report and the only ones that can review it are current creditors. Check out each bureau for more information.
__________________
Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com.../about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums.
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#4
11-09-2007, 02:44 PM
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The pros and cons are for you to decide. New creditors will not be able to see reports unless you unfreeze it.
__________________
Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com.../about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums.
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#5
11-09-2007, 02:53 PM
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Right Cajun, i'd have to unfreeze it if i were to apply for any kinda credit but i dont' plan on doing that anytime in the near future!!! :shock:
Just wanted ur opinion as i value it tremendously! Thanks, Ang P.S. Plz check out the CACH post with the dismissed case... that with or without prejudice confuses me! THanks again __________________
You will not be punished FOR your anger; you will be punished BY your anger. --Buddah
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#6
11-09-2007, 06:12 PM
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Yeah looks like there could be perks and some negatives...for job seekers off the top of my head, if you freeze your account then the company you're applying to wouldn't be able to pull it. could be good could be bad. i think if you're hounded (and by you I don't mean you Ang
 with collection agencies and such, the freezing may not be a bad idea. i think it's a personal decision. I've heard of this long ago and did not think much about it until now, good topic!
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#7
11-09-2007, 08:57 PM
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Here's something I've always wondered..Is it really significant when someone checks your credit? Is it really that negative? It has never affected me in any way, but I'm curious.
__________________
26.2 Detroit Marathon, October 2009
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#8
11-09-2007, 09:18 PM
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Hi Ang,
It's funny that you posted this topic, because I just wrote an article about this very topic two days ago...thought I would make it available to you. I thought I would apologoize,in advance, for the lengthy post... [img]/forums/attachments//bsm1_624.jpg[/img][img]/forums/attachments//bsm2_837.jpg[/img][img]/forums/attachments//bsm3_975.jpg[/img][img]/forums/attachments//bsm4_196.jpg[/img] __________________
My name is Kim and I have worked as a Loan Officer in the mortgage industry since 1994.
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#10
11-09-2007, 10:37 PM
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Welcome to the forum Kpatrick! Nice to see ya here and thanks a ton for all this information! It answers all of my questions!
 Again thanks and hope to see u continue to post, Ang __________________
You will not be punished FOR your anger; you will be punished BY your anger. --Buddah
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