![]() It can, for example, provide more protection from identity theft or an unauthorized user accessing your account. There are certain reasons why you may want to restrict access to your Equifax credit report. You can also temporarily or permanently lift a security freeze. From there, you can implement a security freeze. To freeze an Equifax credit report, you’ll have to first create a username and password through myEquifax. This process is federally regulated and lets you freeze and unfreeze your credit report-permanently or temporarily. How your Equifax credit report can help youĪ credit freeze-or security freeze-gives you the ability to restrict access to your credit information. This section can include past-due account information from the likes of the following: This information is then reported to Equifax and indicated on a credit report. Outstanding debt can be sent to a collection agency if a balance isn’t paid within a certain period of time. It can also include other details related to a bankruptcy, like the type and the filing date. This section includes any bankruptcy public record information. A hard inquiry can impact your credit scores and, like a soft inquiry, stay on your Equifax credit report for up to two years. Hard inquiries happen when a lender or an individual accesses an individual’s credit report because they applied for credit or a service like phone, cable or internet. Examples of soft credit inquiries include checking your own credit report or receiving a pre-approval offer from a credit card company. ![]() And even though they don’t affect your scores, they’ll appear on your Equifax credit report for up to two years. Soft credit inquiries don’t affect credit scores. When a credit report is checked, it’s considered either a hard or soft inquiry. This section shows who has looked at your credit report-known as a credit inquiry or credit check.
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