Thank you so much for the video! I will shortly attempt to freeze my credit. I do not, however, believe for one minute that it was some kind of "temporary glitch" that TransUnion and Equifax were unable to freeze your credit. My understanding from other videos is that if you freeze your credit, they are no longer allowed to sell your information, which costs them a great deal of money. Would that I were wrong about this, but we shall see in just a few minutes... wish me luck! And thank you again for your time and the information!
You are correct about the data selling. That is why they want you to lock your credit and not freeze it. Locking your credit allows them to keep selling your data but freezing doesn't and they lose money.
I read people on myfico complaining about this and that it was hard to unfreeze, they had to call, send documents, etc. So I’ve been hesitant to freeze my reports
Hello there, Steven. If you are looking to protect your credit reports from unauthorized activity, then it is generally prudent to freeze your credit reports with all three credit bureaus. This is because financial institutions may rely on any of the three bureaus when they receive a request to open a bank account, credit card, etc., in your name. I hope this helps! :D
Hello Deanna, Thank you for your question. As the three credit bureaus operate independently, you would need to freeze your credit at each bureau to minimize the chances of identity theft.
lmao @ the google part.....woooow never thought of that until you said it. I wonder if it's not working because of COVID..in some type of way. I could try today,I just hope its easy to freeze and unfreeze.I subscribed,you're hilarious
Hello there. Thank you for your feedback! In order to help in minimizing the chances of identity theft, it is unfortunately necessary to initiate credit freezes at all three of the credit bureaus whenever possible. The reason is that each of the bureaus is an independent private company which does not necessarily share information with the others.
TransUnion wants me to provide a credit card number. Did you have to do that? I didn’t want to give them my credit card info since I want their service free.
Experian is now charging $25 per month. I thought it was supposed to be free! They don't like it when you freeze your credit because that stops them from making money off your personal information.
I got to know CreditLock isn’t free and need to take membership for it in Experian… their are other two credit bureau’s which is free for CreditLock. Experian kept membership for CreditLock to make money and I think they do not have any other way to make money… they should shameful on this … it’s so sad… 😞
![Digital Circus Episode 4 [TRAILER]](http://i.ytimg.com/vi/abZtsmMUbJo/mqdefault.jpg)
Videos starts at 3:08 , your welcome
U the real mvp
@@killacam139 Agreed. :D
Pretty good! Have you tried again for the two companies that failed to go through? If so, please add and update.
Thank you so much for the video! I will shortly attempt to freeze my credit. I do not, however, believe for one minute that it was some kind of "temporary glitch" that TransUnion and Equifax were unable to freeze your credit. My understanding from other videos is that if you freeze your credit, they are no longer allowed to sell your information, which costs them a great deal of money. Would that I were wrong about this, but we shall see in just a few minutes... wish me luck! And thank you again for your time and the information!
You are correct about the data selling. That is why they want you to lock your credit and not freeze it. Locking your credit allows them to keep selling your data but freezing doesn't and they lose money.
Thank you for this video! It was extremely helpful!
You're welcome -- thank you for watching! :D
Thank you! I did not know it was possible without paying for a service.
You're welcome! :D
Just curious if you did some follow-up to ensure all 3 were frozen. I'm sure you did.
I read people on myfico complaining about this and that it was hard to unfreeze, they had to call, send documents, etc.
So I’ve been hesitant to freeze my reports
Should I freeze Experian, transunion and equifax as well and why?
Hello there, Steven. If you are looking to protect your credit reports from unauthorized activity, then it is generally prudent to freeze your credit reports with all three credit bureaus. This is because financial institutions may rely on any of the three bureaus when they receive a request to open a bank account, credit card, etc., in your name. I hope this helps! :D
Efros Financial what about when I’m trying to dispute late payments?
you can only put a freeze in with one agency i thought?
Hello Deanna,
Thank you for your question. As the three credit bureaus operate independently, you would need to freeze your credit at each bureau to minimize the chances of identity theft.
lmao @ the google part.....woooow never thought of that until you said it. I wonder if it's not working because of COVID..in some type of way. I could try today,I just hope its easy to freeze and unfreeze.I subscribed,you're hilarious
Hello Aoyami. Thank you for watching and for your feedback! :D
You're a hoot. I wasn't having any luck trying to a freeze so turned to you. Hmmm...
Hello Juanita -- thank you for your feedback! Try to stay "warm" out there! :D
Can you apply for an apartment with a freeze on your account ?
No.
They all worked for me
Very helpful! Does it need to be done with all 3 or if I do it with one is enough? Thanks
Hello there. Thank you for your feedback! In order to help in minimizing the chances of identity theft, it is unfortunately necessary to initiate credit freezes at all three of the credit bureaus whenever possible. The reason is that each of the bureaus is an independent private company which does not necessarily share information with the others.
TransUnion wants me to provide a credit card number. Did you have to do that? I didn’t want to give them my credit card info since I want their service free.
Same. Did you give it to them ? I can’t create an account without providing credit card number .
thank you!😀
You're welcome! :D
I’m a minor and I want to freeze my credit and for some reason they make it more complicated :\
Stay strong you will make it happen.
Thank you 😊
whys this video not have more views lol
Hello Bridger - I was wondering the same thing! :D
Experian is now charging $25 per month. I thought it was supposed to be free!
They don't like it when you freeze your credit because that stops them from making money off your personal information.
Makes sense
WORD UP on your "how to freeze credit inquiries!!!!!!
I got to know CreditLock isn’t free and need to take membership for it in Experian… their are other two credit bureau’s which is free for CreditLock.
Experian kept membership for CreditLock to make money and I think they do not have any other way to make money… they should shameful on this … it’s so sad… 😞
😊
This Dude was comical! Hahaha Epic Fail
Speak in Spanish?
Por que?! :D
@@EfrosFinancial I would like to make an appointment, I have a questions on my credit
Thank you for reaching out, Xavier. However, we unfortunately do not provide credit repair or credit consulting services at this time.
Wtff
U talk too much
There are 3 additional CREDIT REPORTS you should consider FREEZING:
www.nerdwallet.com/article/banking/3-reports-havent-frozen-yet