State Laws about Security Freezes

Most of the states have federal law requiring the credit bureaus to allow security freeze on the credit reports. This applies to the three main national credit bureaus Experian, TransUnion and Equifax. However nine states of Alabama, Alaska, Georgia, Iowa, Michigan, Missouri, Ohio and Virginia do not have these laws in effect. However in all the states the credit bureaus provide the service of putting a credit freeze on the credit report voluntarily.

Another thing to consider when putting a security freeze on your credit report is a fee involved. The fee for putting a security freeze on your credit report can range from $5 to $20. This fee is certain cable if you temporary lift the freeze or remove the fee or need to replace your pin number. Usually there is no fee to put a security freeze credit report if you have been a victim of identity theft. Some states also waive the fees for senior citizens over a certain age. You can contact the credit bureaus to get further information on the rules applicable for putting and removing a security freeze on your credit report.