@ClementsMoney Hump Day Help – Freeze Your Credit
Welcome to the Hump Day Help. Each Wednesday we take one of the weekly actions from Jonathan Clements‘ blog Humble Dollar and “militarize” it for you. Jonathan Clements was a longtime personal finance columnist for The Wall Street Journal, and he offers great advice at the best price you can get…free. Here is this week’s Hump Day Help:
FREEZE YOUR CREDIT. This will prevent data thieves from taking out loans and credit cards using your identity. But it also means you’ll need to contact the three credit bureaus and unfreeze your credit temporarily whenever applying for credit. Sound like a hassle? As an alternative, consider setting up an initial fraud alert and then renewing it every 90 days.
This is one area where the military has some additional options, like placing an active duty alert on your credit files. If you want to read about everything I do to protect my credit, you can do so in this article.