BBB Tip: Credit Freezes and Fraud Alerts

September 08, 2017

Approximately 7% of U.S. households fall victim to identity theft each year, and those numbers are on the rise. Anyone whose personally identifiable information (PII) has been compromised in a data breach should consider options to protect their credit from being misused.

Consumers in the United States have access to a powerful tool -- the security freeze -- to lock down their credit reports and prevent identity thieves from establishing new lines of credit in their names. Alternately, you can place a fraud alert on your credit reports, although that provides less protection than a freeze...

Read more of the article, including advice in the wake of a data breach!