Once a freeze is placed on your Equifax credit report, it prevents most access to it by certain third parties, like lenders and creditors. This will restrict access on who can still access your Equifax credit report to open new accounts. Placing a security freeze is one step you can take to restrict access to your Equifax credit report, with certain exceptions. What is a Security Freeze?Ī security freeze, also known as a credit freeze, is a free tool that can help prevent unauthorized access to your Equifax credit report. Placing an initial or extended fraud alert allows you to request your credit reports from the three NCRAs. To place an Extended Fraud Alert, download this form for instructions and mailing address. You can also call Equifax at 1-888-Equifax (1-88) or send a request by mail. You can place an Initial One-Year or Active Duty Alert on your Equifax credit report by creating or signing into your myEquifax ™ account. An active duty alert is free and lasts for one year, and your name is removed from pre-screened credit card and insurance offers for two years.The active duty alert is similar to an initial fraud alert: companies must take reasonable steps to verify your identity before opening new accounts in your name or modifying existing ones.An active duty alert is available for service members on active military duty, and helps minimize risk of fraud or identity theft.Allows you to request two free credit reports from the three nationwide credit reporting agencies during the 12-month period following the placement of the extended fraud alert, and your name is removed from pre-screened credit card and insurance offers for 5 years.A lender or creditor is required to verify your identity in person or by your specified contact method before opening new accounts or making changes to existing accounts. It requires a copy of a valid police or law enforcement agency report, or a Federal Trade Commission Identity Theft Report.
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