New Law Provides Free Security Freezes and Increased Fraud Alert Protection
On May 24, 2018, the President signed Public Law 115-174 into law. Section 301 of Public Law 115-174 amends the Fair Credit Reporting Act, to establish a new federal right for consumers to implement a security freeze of their credit file.
The freezes are free of charge. The new legislation is effective September 21, 2018.