Freezing Your Credit for Free with the Transunion App - Other News


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » Freezing Your Credit for Free with the Transunion App

Freezing Your Credit for Free with the Transunion App

Freezing Your Credit for Free with the Transunion App
The content is accurate at the time of publication and is subject to change.

Freezing your credit report is now free, and it’s very easy to do with the release of a new app by Transunion, one of the three credit reporting bureaus.With this new app consumers can easily freeze their credit report in real time, and then unfreeze it when they are ready, all from inside the app. The myTransUnion app can be found on both the Apple App Store and Google Play Store.

What does it mean to freeze your account? Once an account is “frozen” if a cyber thief tries to open an account in your name the lender cannot check your credit report, effectively throwing a monkey wrench into the plans of fraudsters. A credit freeze also stops your credit information from being released for a variety of other kinds of reviews. “As personal data protection becomes an increasingly growing concern, we are more passionate than ever about encouraging consumers to take action,” said John Danaher, President, Consumer Interactive.

The “free freeze” law

The app was rolled out to coincide with the Economic Recovery, Regulatory Relief, and Consumer Protection Act going live on September 21, 2018.

The “free freeze” law gives consumers the ability to freeze and unfreeze their credit report whenever they want or need to regardless of the reason – all for free.

Fear of data breaches is real

Data breaches are on the minds of consumers, according to a new study recently released by Transunion, finding that many people feel like they are ill prepared to deal with a breach or identity theft.

In the study, 75% of people admitted that they have started to worry more about their data being compromised by a data breach during the last year. While more 50% believe that they could be a victim of credit card fraud or identity theft.

They also found that 54% of people taking part in the study had already been a victim of a data breach or fraud, with 20% of those people admitting that they had been victimized more than once in the past year and a half by fraudsters.

Do you know anyone who has been affected by fraud or a data breach? If so you are not alone according to the study, finding that 75% of people know someone too.
That said just 15% of people feel very confident that they have the tools on hand to keep themselves safe from data breaches and fraud.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

More Credit Cards on the Market
More Credit Cards on the Market

Posted: December 31, 2018

TransUnion’s 2019 consumer credit forecast is out, showing that initiatives by credit card issuers to increase their reach have been a success, resulting in more consumers having a credit card in their wallet. Also, credit card balances… Continue reading

The FICO Score Planner Has Been Unveiled
The FICO Score Planner Has Been Unveiled

Posted: July 31, 2018

It can be daunting when you’re looking for a way to increase your credit score so you can get a new credit card or apply for a loan, but FICO’s new Score Planner was designed to make it easier. With the FICO Score Planner, people determine… Continue reading

Americans Are Working To Up Their Credit Score
Americans Are Working To Up Their Credit Score

Posted: August 14, 2018

Are you trying to increase your credit score? If so, you are not alone, according to a new study from Discover that finds that 61% of Americans are actively working toward upping their credit score. While all the generations are engaged in… Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
The Citi Rewards+℠ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
For Excellent, Good Credit
Earn unlimited 1.5% cash rewards on all purchases.
For Good, Excellent Credit
See Rates & Fees
Perfect credit not required for approval; we may approve you when others won’t
For Fair/Bad Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!