This article provides step-by-step instruction for how to unfreeze your credit, drawn from my experience doing so at all three major credit reporting agencies: Equifax, TransUnion, and Experian. Note that the steps provided were accurate as of November 2022, and navigation on external websites is subject to change. The process for unfreezing credit, the time it takes, and its for-free nature are all stipulated in the Economic Growth, Regulatory Relief, and Consumer Protection Act, which went into effect in September 2018. It was for me – and it can be for you, too. Unfreezing your credit for free can be fast and easy at all three major credit reporting agencies, as long as you have carefully preserved your account passwords. How do you unfreeze your credit to allow these transactions? Or maybe you’re applying to refinance your mortgage. But now, that small SUV is calling your name. Does it cost anything to remove a credit freeze?īoth freezing your credit and lifting a credit freeze are free, as per the Fair Credit Reporting Act.Let’s say you’ve frozen your credit to protect yourself from identity thieves and other fraudsters who might look to profit from your good name (and excellent credit history). If your credit report is still frozen, they won't have access and you are likely unable to get the loan you may need. In order to qualify, the lender will need to pull your credit report to see if you qualify. Some examples include when you're house hunting, opening a store credit card or are looking to get a car loan. You should unfreeze your credit before you apply for a new line of credit. Online: Create a TransUnion ® account online or by using the myTransUnion ® app.With Equifax ®, you no longer need the 10-digit security freeze PIN to manage your credit freeze. From there, you can unfreeze your credit, check on the status of your request, or make a new request to freeze your credit if you need to. Online: Start by creating a MyEquifax ® account if you haven't already.Simply fill out their remove a security freeze form. Online: Experian™ doesn't require you to create an account to lift a credit freeze.Here's how to unfreeze your credit with each major credit bureau: Unfreeze credit through Experian™ Have your name, address and Social Security Number handy so you're able to provide all your information. To unfreeze your credit, you have to put in a request with each major credit bureau. Unfreezing credit through Experian™, Equifax ® or TransUnion ® If you are making the request on behalf of a minor, note that submitting a request to lift a credit freeze can only be done by mail. The credit bureaus, however, are required to remove the freeze within three business days of receiving notice. The request can be done by mail, but note that this is a longer process. If you make the request online or by phone, the three major credit bureaus are required to lift the freeze within an hour. How long does it take to lift a credit freeze?
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