New Law Allows Parents/Guardians to Freeze Credit Reports

The new law allows for parents and legal guardians to “freeze out” identity thieves and scammers by placing a freeze on credit reporting agencies, keeping them from releasing credit reports unless the freeze is lifted by the guardian. Reporting agencies such as TransUnion, Equifax and Experian would not be allowed to release credit reports or other information unless the freeze is removed.

If you would like to know more about freezing a credit file, please call K-LAK Corporation at (302) 764-5826.