Since the passage in 2005 of the Credit Report Security Freeze Act, consumers are allowed to place a security freeze on their credit report. A security freeze prohibits a credit reporting agency from releasing a consumer’s credit report without prior authorization from the consumer. This is a step consumers can take to prevent being a victim of identity theft.
The Colorado Legislative Council recently published an Issue Brief called Identity Theft on the topic of placing a security freeze on credit reports. It provides a brief summary of the act and how to go about setting up a freeze, providing you with contact information and charges. Check it out.