Fraud Alert vs. Credit Freeze
With over 1.2 million Nevadans affected by the recent Equifax data breach, many Nevada consumers are rightfully concerned about how to protect their identities. There are two main options to protect yourself from future fraudulent credit reporting: a fraud alert or a credit freeze.
The decision regarding which option is best comes down to the personal financial situation and preference of the consumer. If you are planning to open credit accounts in the near future, it may be advisable to initiate a fraud alert rather than a full credit freeze. Consumers should consult their attorneys and financial advisors to discuss their best options to stay protected.