Some years ago there was a big push for everyone to freeze their credit reports, to prevent others from opening credit in your name. It seemed like a good idea at the time, so I did it.
Unfortunately, once I froze it, I forgot it. I mean, I really forgot all about it. And then came the letter in the mail saying I was turned down for credit because I didn’t have any credit history. I hadn’t unfrozen my credit report, so the company was not able to give me the credit card, for which I had applied. I was hoping to earn a large number of points with that card, so we could use them for airplane tickets to visit our daughter and family in Virginia. It didn’t matter that I had over 40 years of excellent credit history and a high credit score because my credit was frozen and unavailable.
Continue reading “Credit Report Freeze – How and Why?”