It seems so wrong we have to "instruct" creditors to properly verify a person's identity before approving a line of credit or loan. Shouldn't that already be a legal requirement of them?
Please note, bureaus are incorrect nomenclature, they are civilian agencies. I would also recommend Innovis & Lexis Nexis to me, even bigger than the top 3 that you mention, there are tons more per CFPB, I think the top 5 should be frozen. I also think everyone should also be encouraged to also get a copy of their Consumer Reports. They can check the three you mentioned weekly now. Thanks for getting this info out.
man I had about 7 videos pre-tabbed and ready to watch on this topic and your one video was so clean, direct, and helpful.. it told me everything i needed to and wanted to know.. and then some. *Great video my friend* .. and thank you for sharing your expertise and saving us (all) time. 👍🏾
You inspire me with your selflessness in providing this info. I imagine you'd be a great guy even if not smart with money, but to me, your financial freedom allows a more selfless lifestyle. I strive for that. Thanks, sir.
Very helpful information. Unfortunately these days it’s an endless loop of trying to speak to a rep. Everything must be done online or via letter. Thanks for sharing your knowledge.
You can also put a password on your account, when anyone tries to get credit, the company will ask you for that password, and you can also put statements on your account if you feel the need to explain anything
Great video, thanks. RE Credit Freeze - What about an existing credit card that wants to do a yearly credit check update on my card. Do Credit card companies still normally do this?
Do you have anything on retirement guide or any valuable information it very important to me. GREAT channel will add you and looking forward to more good honest information thanks again.
I’ve come across your video after the whole T-Mobile hack and I have a couple questions. Hopefully this reaches you and you can answer 1. How hard would it be for the thief to unfreeze the credit reports? 2. Will I still be able to access credit karma? Thanks Rob! Take care
To monitor your own credit score as you mentioned, if it’s frozen, you still won’t be able to monitor it unless you unfreeze it first, correct? Including on the annual credit report website where you get one free pull per year
I was contacted by my bank and asked if I had purchased $400.+ worth of items at the local Walmart. I said no and I wasn’t contacted again. I was told, however, that the purchase had been OK’d by Walmart which means that the person got away with it. Does this warrant a credit freeze by me? Confused in Reno
Hopefully, you are still good. In this day and age, hacking and informaion theft is rampant. Its not a question of if my credit gets stolen, but when. Unless you need credit regularly, I would just freeze it and not worry. It takes about 30 min to unfreeze and the credit agencies have 1 hour to complete the unfreeze. A little work and wait is worth the peace of mind.
Should you worry about identity theft even if you don't have a credit card or income coming in? Like is it only a big problem if you already have money in credit cards already if that makes sence?
Yes. If they can get your social security number and other identifying information, they can try to apply for credit in your name. It doesn't matter whether you already have a credit card or other loans.
If someone is already compromise and had his credit frozen but he continues to receive decline loan letters from the Banks where the actor is trying to get a loan, is it just better to apply for a social security number change ?
I don't just need the freezes I also need to move and I need to know how to deal with the credit bureaus so I need to take it off when an apartment or a 55 and plus please needs to look at my my personal information but yet not allowing a criminal to look at my information
You have to unfreeze all 3 of them when applying for a loan or credit card? Or just the one that the lender uses to check your credit? Usually they don't use all 3 except when applying for a mortgage. Thanks for explaining the credit freeze. As you said with all those data breaches almost all of us have our sensitive information on the dark web 😕
What happens if we apply for a credit card when having a fraud alert at one or more credit reporting agencies? Can the card company simply decline the card? Or is it required to make sure about the identity of the applicant and then make the decision?
Hello Rob good day sir, I'm in a pickle I noticed transunion don't have a pin on the freeze option is this true or did I mess up? please help.. Thank you
No, it will get denied. But, with freezes and locks you can undo them and relock or freeze them with ease. I would always have them frozen and the day before using your credit, unlock or unfreeze your accout, use it, then lock or freeze it again.
I have lifelock and they notified me of an alert from an outfit called DATA X about a short term loan application.LL recommended downloading then filling out a form to freeze my credit by mail, which I did. This company is a division of Equifax. IS THIS A FOURTH CREDIT BUREAU????
I want to freeze my credit thru the 3 credit bureaus because I got an alert some of my info showed up on the dark web last week. However I coincidentally also planning on applying for a new credit card sometime in the very near future. Will I have to contact all 3 credit bureaus to unfreeze my credit when that time comes? Or just one? And if just one how do I know which one to call?
We shouldn't have to pay for any of these services. Social Security number should ONLY be used for tax purposes and that's it. And only credit scores should be shown to other creditors when you are applying for credit. I think the whole thing stinks. Blame our government and these money making credit bureaus for causing the problems with identity theft. 😡
I am terrified of these people I believe they even have my mother's maiden name and my Social Security and my date of birth and they'll do anything if they can get away with it because that's the way I was talk to so I am pretty beat up
@@joesmith-rm7px To be clear, lenders do verify your identity, but they will often do that without speaking with you. That's why you can often qualify for a credit card online. With a fraud alert, however, they will typically call and speak to you first.
@@rob_berger Such a great video! What are your thoughts about getting both fraud alert and credit freeze? Is having both levels of protection unnecessary? What are the pros and cons of having both simultaneously?
I need to still be safe and I need to make sure I can prove who I am who I write do they use fingerprints do they use birth certificates what do they use to help the people's cuz I don't want to end up having a problem proving who the hell I am if these people are are getting all my information but I'm sure they're getting all my information
Now in 2024, so relevant after all the data breaches. Thank you for still being relevant.
It seems so wrong we have to "instruct" creditors to properly verify a person's identity before approving a line of credit or loan. Shouldn't that already be a legal requirement of them?
Really appreciate you clarifying the difference between these services. Thank you
I placed a freeze on all three accounts, it only took a few minutes. Thank you.
My new favorite channel! No BS , not trying to sell you anything just straight to the point! I wish you nothing but success
Please note, bureaus are incorrect nomenclature, they are civilian agencies. I would also recommend Innovis & Lexis Nexis to me, even bigger than the top 3 that you mention, there are tons more per CFPB, I think the top 5 should be frozen. I also think everyone should also be encouraged to also get a copy of their Consumer Reports. They can check the three you mentioned weekly now. Thanks for getting this info out.
man I had about 7 videos pre-tabbed and ready to watch on this topic and your one video was so clean, direct, and helpful.. it told me everything i needed to and wanted to know..
and then some.
*Great video my friend* .. and thank you for sharing your expertise and saving us (all) time. 👍🏾
Hi Rob, We appreciated your clear explanations of the differences between fraud alerts, credit freezes, and credit locks! Thank you!
Thank you! You made this so less intimidating. I'll def be doing the credit freeze.
Like most of the other commenters have said, this is a perfect video for the subject. Thank you very much for making it!
Very helpful video. Placed a freeze on my wife’s, adult son and my accounts. Thanks sir!
I worked for a credit bureau, I like this channel keep me updated.
You inspire me with your selflessness in providing this info. I imagine you'd be a great guy even if not smart with money, but to me, your financial freedom allows a more selfless lifestyle. I strive for that. Thanks, sir.
Very helpful information. Unfortunately these days it’s an endless loop of trying to speak to a rep. Everything must be done online or via letter. Thanks for sharing your knowledge.
I’m in the beginning of the video at the time of this comment, and I can already tell you provide great quality content. Thanks Rob
Hi Rob! I love your video! Thanks for taking the time to record it!
Simple to the point and so helpful - thank you!!!
Thank you for this clear explanation of the three options!
perfect video. Thank you so much for being so calm and explaining the differences crystal clear!
You can also put a password on your account, when anyone tries to get credit, the company will ask you for that password, and you can also put statements on your account if you feel the need to explain anything
Thank you that was very informational!
Thanks Rob. Very helpful information.
You did a wonderful job sir..Thank you
Thanks for the video.
I'm proud indeed i worked from transunion and I'm a Filipina..😇
🤯 fnally found you again rob 🍻,wow early congratulations to 60k 📈
I am glad I ran into your video I appreciate all the information.
Yes, its something going on this issue
Brilliant information 👏 👌 Thank you.
Great video, thanks. RE Credit Freeze - What about an existing credit card that wants to do a yearly credit check update on my card. Do Credit card companies still normally do this?
Thank you sir for explaining it so well!!!!!!!
I’ve done the credit freeze
Do you have anything on retirement guide or any valuable information it very important to me. GREAT channel will add you and looking forward to more good honest information thanks again.
I’ve come across your video after the whole T-Mobile hack and I have a couple questions. Hopefully this reaches you and you can answer
1. How hard would it be for the thief to unfreeze the credit reports?
2. Will I still be able to access credit karma?
Thanks Rob! Take care
I always wonder if hackers get into the 3 Credit Bureaus info???
Great video. Thank you for making this.
Very good information. Thanks
Thank you for this very informative video.
Very helpful video! Thank you so much!!
Perfect information and content.
Awesome information,Thank You....
thank you
I have a credit freeze and an extended fraud alert with the 3 credit bureaus.
To monitor your own credit score as you mentioned, if it’s frozen, you still won’t be able to monitor it unless you unfreeze it first, correct? Including on the annual credit report website where you get one free pull per year
Moral of the story… bad credit pays off 😂
Lmao
lol 😂
THANKS ROB
They really try to get you to sign up. Had to dig around a bit to look for the freeze.
Thank you so much!
Thank you so much for this valuable information!!! 🙏🙏 Question ⁉️ Do you know how I can freeze my SSN, if at all❓❓❓
I was contacted by my bank and asked if I had purchased $400.+ worth of items at the local Walmart. I said no and I wasn’t contacted again. I was told, however, that the purchase had been OK’d by Walmart which means that the person got away with it. Does this warrant a credit freeze by me?
Confused in Reno
Hopefully, you are still good. In this day and age, hacking and informaion theft is rampant. Its not a question of if my credit gets stolen, but when. Unless you need credit regularly, I would just freeze it and not worry. It takes about 30 min to unfreeze and the credit agencies have 1 hour to complete the unfreeze. A little work and wait is worth the peace of mind.
Thank you so much.
I put a fraud alert and a credit freeze on mine, hopefully that isn't over kill.
You can unfreeze for a day or more when that time expires it goes back into freeze mode. No need to freeze it again.
Great content. What is the best phone number to call at each credit bureau to reach a human to inquire about credit freeze, credit lock, etc
Should you worry about identity theft even if you don't have a credit card or income coming in? Like is it only a big problem if you already have money in credit cards already if that makes sence?
Yes. If they can get your social security number and other identifying information, they can try to apply for credit in your name. It doesn't matter whether you already have a
credit card or other loans.
If someone is already compromise and had his credit frozen but he continues to receive decline loan letters from the Banks where the actor is trying to get a loan, is it just better to apply for a social security number change ?
Is it safe to give these people tour ssn?
If you did credit freeze by phone, what is stopping identity theif from unfreeze it?
Hey Rob, I wasn't able to access your notes on credit freeze, only your investing notes came up.
very helpful
I don't just need the freezes I also need to move and I need to know how to deal with the credit bureaus so I need to take it off when an apartment or a 55 and plus please needs to look at my my personal information but yet not allowing a criminal to look at my information
I’ve found the credit locks are free as well.
You have to unfreeze all 3 of them when applying for a loan or credit card? Or just the one that the lender uses to check your credit? Usually they don't use all 3 except when applying for a mortgage. Thanks for explaining the credit freeze. As you said with all those data breaches almost all of us have our sensitive information on the dark web 😕
If you have a credit freeze does that affect your credit score especially if you already have credit cards?
How to remove a hard credit check which you did not initiste?
What should I do if I lost my Social Security number? It was inside of my wallet.
thanks for saving me $$
What happens if we apply for a credit card when having a fraud alert at one or more credit reporting agencies? Can the card company simply decline the card? Or is it required to make sure about the identity of the applicant and then make the decision?
Hello Rob good day sir, I'm in a pickle I noticed transunion don't have a pin on the freeze option is this true or did I mess up? please help.. Thank you
If you apply for credit while your credit is locked does your application not go through?
No, it will get denied. But, with freezes and locks you can undo them and relock or freeze them with ease. I would always have them frozen and the day before using your credit, unlock or unfreeze your accout, use it, then lock or freeze it again.
I have lifelock and they notified me of an alert from an outfit called DATA X about a short term loan application.LL recommended downloading then filling out a form to freeze my credit by mail, which I did. This company is a division of Equifax. IS THIS A FOURTH CREDIT BUREAU????
I couldn't access your notes to print.
I want to freeze my credit thru the 3 credit bureaus because I got an alert some of my info showed up on the dark web last week. However I coincidentally also planning on applying for a new credit card sometime in the very near future. Will I have to contact all 3 credit bureaus to unfreeze my credit when that time comes? Or just one? And if just one how do I know which one to call?
Do credit card companies deny you from getting a credit card if you have a fraud alert?
No, not at all. They'll just take extra steps to confirm your identity.
@@rob_berger can authorized users still be added with a fraud alert on the report?
We shouldn't have to pay for any of these services.
Social Security number should ONLY be used for tax purposes and that's it.
And only credit scores should be shown to other creditors when you are applying for credit.
I think the whole thing stinks.
Blame our government and these money making credit bureaus for causing the problems with identity theft. 😡
I am terrified of these people I believe they even have my mother's maiden name and my Social Security and my date of birth and they'll do anything if they can get away with it because that's the way I was talk to so I am pretty beat up
A fraud alert causes the lender to confirm identity. YOU MEAN THEY DON'T DO THAT ANYWAY?!?!?
Not to the same level, no.
@@rob_berger Sad. You'd think they would most vigilante.
@@joesmith-rm7px To be clear, lenders do verify your identity, but they will often do that without speaking with you. That's why you can often qualify for a credit card online. With a fraud alert, however, they will typically call and speak to you first.
@@rob_berger Such a great video! What are your thoughts about getting both fraud alert and credit freeze? Is having both levels of protection unnecessary? What are the pros and cons of having both simultaneously?
🌟🌟🌟🌟🌟🌟
I need to still be safe and I need to make sure I can prove who I am who I write do they use fingerprints do they use birth certificates what do they use to help the people's cuz I don't want to end up having a problem proving who the hell I am if these people are are getting all my information but I'm sure they're getting all my information
Thank you Rob! Very informative!
Thank you
Thank you