Comments on: Put Identity Thieves on Ice by Freezing Your Credit http://thexbroker.com/2007/10/09/put-identity-thieves-on-ice-by-freezing-your-credit/ Thu, 10 May 2012 07:34:26 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: The XBroker http://thexbroker.com/2007/10/09/put-identity-thieves-on-ice-by-freezing-your-credit/comment-page-1/#comment-1522 The XBroker Wed, 10 Oct 2007 15:43:11 +0000 http://xbroker.realestatetomato.net/2007/10/09/put-identity-thieves-on-ice-by-freezing-your-credit/#comment-1522 Fair enough Rebecca :) The Apple Store = Toys R Us for me. When you freeze your credit, you are prohibiting anyone from accessing your bureaus information and opening new accounts. The act of freezing doesn't prohibit you from continuing to use currently open accounts, credit lines, credit cards, etc... To answer your question directly, freezing wouldn't effect your credit rating in and of itself..and you are correct, consumers should have a consistent (low) balance to hi-credit ratio to maintain a solid score. Fair enough Rebecca :) The Apple Store = Toys R Us for me.

When you freeze your credit, you are prohibiting anyone from accessing your bureaus information and opening new accounts. The act of freezing doesn’t prohibit you from continuing to use currently open accounts, credit lines, credit cards, etc…

To answer your question directly, freezing wouldn’t effect your credit rating in and of itself..and you are correct, consumers should have a consistent (low) balance to hi-credit ratio to maintain a solid score.

]]> By: Rebecca Levinson http://thexbroker.com/2007/10/09/put-identity-thieves-on-ice-by-freezing-your-credit/comment-page-1/#comment-1523 Rebecca Levinson Wed, 10 Oct 2007 15:21:55 +0000 http://xbroker.realestatetomato.net/2007/10/09/put-identity-thieves-on-ice-by-freezing-your-credit/#comment-1523 How would this "freezing" of credit card accounts effect someone's credit rating, especially someone who chose to have their cards remain inactive for a longer period of time (at least several months). I thought that with credit scoring, the consumer needs to have consistent payoff of balance to rank high. As to cutting off credit cards from a wife who sees a sale, I have noticed that many husbands are the big ticket purchasers, in some cases even running to the mailbox to get the bills before the wife can see them. Think EBay toys, Big Screen T.Vs and toys for cars. Rebecca D. Levinson-Connect2Agent How would this “freezing” of credit card accounts effect someone’s credit rating, especially someone who chose to have their cards remain inactive for a longer period of time (at least several months).

I thought that with credit scoring, the consumer needs to have consistent payoff of balance to rank high.

As to cutting off credit cards from a wife who sees a sale, I have noticed that many husbands are the big ticket purchasers, in some cases even running to the mailbox to get the bills before the wife can see them. Think EBay toys, Big Screen T.Vs and toys for cars.

Rebecca D. Levinson-Connect2Agent

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