Using Credit Cards - Tuesday, April 22, 2008 6:24 - 0 Comments

What Is Frozen Credit?

What is frozen credit - Credit freezes get mixed up a lot with fraud alerts, but they are actually not alike at all. Fraud alerts occur when new creditors find out that you may have been a victim of fraud and they are then required to take extra steps to verify that they should be charging your account or opening a new account for you. These fraud alerts also kep you from receiving prescreened offers for credit and insurance. Continue…