With the recent data breach at Equifax, a credit bureau company, you may be wondering whether you should freeze your credit report. I am one of the people Equifax has identified as "potentially impacted" by the data breach so I've been pondering my actions.
First, what is a credit freeze?
A credit freeze stops the credit bureau from releasing your credit report or any information from it, except in certain exceptions. For example, companies you currently have loans with and collection agencies can still receive your report.