![]() ![]() ![]() Because they have all of your personal information, including Name, Address, Social Security Number, and mailing address, the three credit bureaus will review your credit file and approve the credit request based on your current rating. This is primarily how identity theft occurs a bad actor pretends to be you and applies for a new source of credit like a credit card. When your credit reports are unfrozen, anyone with access to your personal information can request credit on your behalf. When the credit check is made, it can hit one or all three primary credit bureaus. They want to know what your FICO score is and if you have a bad or good habit of paying all your bills on time. You can create a new PIN online for an added layer of security, and won’t need the old PIN to set up a new one.Įach time you apply for credit of some sort, the creditor will pull a credit report against you to get an accurate picture of your credit history. If you lose your PIN, you can still unfreeze your report online as long as you have the password and name connected to the account. You will need to create a PIN during the credit freezing process, but you only need your PIN if you want to lift your freeze by phone. Similar to Equifax®, you can create an online account, which allows you to freeze and unfreeze your credit with TransUnion®. How To Unfreeze Your Credit Report With Transunion However, after the massive Equifax data breach in 2017, consumer advocates called on Congress to provide free access to credit freezes. Then, you often had to pay again to unfreeze or thaw your credit if you wanted to do something that required a credit check, like applying for a new loan. Prior to the new law, each of the three credit bureaus could charge you if you wanted to put a freeze in place. In 2018, a new law made it free to freeze your credit. You may want to consider doing it as doing so will mean that even if a criminal gets your information, it will be difficult or impossible for that person to open a fraudulent account in your name. But freezing your credit will go a long way toward making sure youâre protected and giving you peace of mind. Thereâs no sure-fire way to prevent someone from stealing your identity and damaging your credit in the process. How to unfreeze your credit report if you lost your pin.
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