Should you lock your credit?

As 2020 winds down we’re catching up on some year-end money housekeeping. This week we’re talking about credit locks and how they can protect you against fraud.
A credit lock is so effective because it is so simple. It prevents any new potential creditors from being able to access your credit report. So if someone applies for a credit card in your name? The credit card company can’t review your credit report so they wont’ be able to issue that fraudulent card. Of course, if you want to apply for a mortgage, or car loan, etc then you’ll need to unlock your credit first, but that’s not difficult as long as you plan ahead a little bit. To learn more credit locks and how to lock yours, read the full article here.