Thursday, August 30, 2007

Indiana Credit Report Freeze

Starting tomorrow, Indiana residents will find what supporters & lawmakers say is better protection and a greater safeguard against consumer fraud when their new law goes into effect.

The bill, introduced in January, was signed by the Governor on May 2nd..

According to a Courier Journal article, taking advantage of the new law will be a bit inconvenient for consumers until after Jan. 2009, because they can invoke or release credit freezes only in writing until then. After Jan. 1, 2009, the new law requires credit bureaus have systems in place that will allow use by either telephone or the Internet.

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