The difference between a credit "Freeze" and a credit "Fraud Altert"

By
Mortgage and Lending with Dan Dowling - United Mortgage Capital Corp.

 

 

Essentially it's this. A freeze makes it so nobody can issue you new credit without you "thawing" your credit. This can take several days.

 A fraud alert allows merchants to grant you credit, however they must go through extra steps to validate your identity. This usually includes calling you on your contact number of record.

 

Hope this helps,

 

Dan Dowling

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
22,190

Dan Dowling

Ask me a question
*
*
*
*

Additional Information