Arkansas consumers will have a new tool in the form of ability to freeze their credit report which will take effect from Jan 1st 2008 against identity thieves.
Security freeze that allows customers to put a freeze on their credit report is on the top of many laws that are going to take place from the 1st of 2008 in the State.
Under security freeze, the customers who have been the victim of identity theft can ask the credit reporting agencies to place a freeze on their credit report. This security freeze will stop credit agencies from releasing the customer’s credit report and credit score information in response to a request for opening a new account or to get credit.
Link - Via - pbcommercial.com
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