Setting up a TransUnion credit freeze is easy and highly recommended. Freezing your credit prevents identity thieves from fraudulently opening new credit cards, establishing lines of credit, and getting loans in your name. All of these activities can result in you unknowingly being held liable for these transactions. Security breaches, hacks, and phishing campaigns against companies that collect and store your sensitive financial and personal information are increasing. Freezing your credit is one very smart way you can protect yourself today and tomorrow. A TransUnion credit freeze might sound difficult or scary but it really isn’t. We have created this guide to help you navigate the process from beginning to end.
Should I Set Up a TransUnion Credit Freeze?
Probably. Unless you are in the process of, or about to, buy a car, a house, or apply for a loan or credit card, then you should set up a TransUnion credit freeze. There have been many high-profile breaches of financial companies, government agencies, and retailers that have likely exposed or leaked your private information to attackers. A TransUnion credit freeze will help limit your liability and eliminate the frustration and hassle of having your life and credit score wrecked.
Where to Go
TransUnion has made it difficult to initiate an actual credit freeze. On September 11, 2017 they changed their website to intentionally hide the information needed to set up a credit freeze. Instead, they promoted their credit monitoring services called TransUnion TrueIdentity. While it is free to enroll and it provides some similar services as a freeze, it is not an actual credit freeze. We have provided the actual information you need below to get past the soliciting and marketing on the TransUnion website and get right to the real credit freeze application.
- Credit Freeze Hotline: 888-909-8872
- Website: https://freeze.transunion.com/sf/securityFreeze/landingPage.jsp
Will it Affect My Credit Score?
One common question people ask about a TransUnion credit freeze is, “Will it affect my credit score?” The great news is, NO! Freezing your credit will not affect your credit score. You can also request your free annual credit report from each of the credit bureaus without lifting the freeze on your credit. In fact, freezing your credit can protect your credit score by preventing unauthorized activities.
Is it Free?
Yes, it is. TransUnion encourages you to enroll in their TrueIdentity program where you can freeze and unfreeze your credit with the click of a button. Some of the other credit bureaus do charge a fee, but at the time of this writing, a TransUnion credit freeze is completely free. We applaud TransUnion for making credit freezes free.
Can I Remove My TransUnion Credit Freeze?
Absolutely! Your TransUnion credit freeze can be either temporarily or permanently lifted at any time. Simply log on to the TrueIdentity website and click “unlock”. Most of the bureaus allow you to temporarily lift or remove your credit freeze online or by phone. Here are some life events that may require you to temporarily lift your TransUnion credit freeze.
- Getting a new job
- Opening a new credit account
- Renting an apartment
- Buying a house
What Else Should I Do?
You will need to contact each of the three credit bureaus to place a security freeze on your credit. There is no “easy button” for this task, unfortunately.