A question for the Lounge...I read a discussion of "Credit Freezes"->
a while ago. I have read the FTC Consumer Information on Credit Freezes and Fraud Alerts. They seem to me to be sort of the same thing; not a guarantee of safety, but an extra layer against someone opening NEW accounts.
I want to add another layer of protection to my credit and would appreciate some opinions...I have always carefully monitored my accounts, and I shred remaining paper bills, etc. I don't really need to apply for much credit at this point, although I'd never say never.
Is a Fraud Alert enough to give me a head's up, or am I better off setting up a Credit Block? If Fraud Alert is appropriate, should I just do the extended so I don't have to worry about reinstating it every 90 days?
I always get good advice from you guys, along with the requisite amount of "drink heavily" , buy a Mac, and other helpful tidbits.