Protect Your Finances: 'Credit Freeze' Prevents Loan Fraud in Your Name

• Identity theft is on the rise, making it easy for fraudsters to take loans or credit cards in your name using personal data.
• A 'Credit Freeze' temporarily locks your credit report, preventing banks from accessing it for new loan or credit card applications.
• This measure does not affect your existing loans or credit cards; it only stops new credit from being issued in your name.
• Freeze your credit if you suspect data leaks, receive unfamiliar loan inquiries, or are not planning new loans.
• You can easily freeze and unfreeze your credit report through credit bureau websites, offering a simple yet effective security layer.