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Freeze my experian report!! Be aware Archived From: Finance

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alert mods    
   posted: Nov. 15, 2007 @ 10:06a

Okay, this is my personal insight and assumption I experienced by freezing my experian report, so dont flame at me.
We all hear that there are no repercussions by freezing one's report. True to that, but you can actually hurt your scores. See, ontime payments, have increase my score points for the other two credit bureaus by roughly 10-20 pts in a period of 3 months. In the meantime, my experian (frozen) score remain the same. Somehow, it wasnt reading/updating my credit profile because it was frozen.

Now it has to play catchup


   posted: Nov. 15, 2007 @ 10:06a

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alert mods    
   posted: Nov. 15, 2007 @ 10:34a

Why did you freeze experian for 3 months?

I'd say 2-4 weeks is sufficient to take care of any deferred apps.


alert mods    
   posted: Nov. 15, 2007 @ 11:14a

WHAT?

You freeze your credit report, then complain that it's not updating while frozen?

What exactly did you think would happen when you freeze your report? It would go up but not down?


alert mods    
   posted: Nov. 15, 2007 @ 11:36a

pyro123 said:Okay, this is my personal insight and assumption I experienced by freezing my experian report, so dont flame at me.
We all hear that there are no repercussions by freezing one's report. True to that, but you can actually hurt your scores. See, ontime payments, have increase my score points for the other two credit bureaus by roughly 10-20 pts in a period of 3 months. In the meantime, my experian (frozen) score remain the same. Somehow, it wasnt reading/updating my credit profile because it was frozen.

Now it has to play catchup


.....

duh..

you froze it, of course it wasn't updating


alert mods    
   posted: Nov. 15, 2007 @ 12:14p

pyro123 said:Okay, this is my personal insight and assumption I experienced by freezing my experian report, so dont flame at me.
We all hear that there are no repercussions by freezing one's report. True to that, but you can actually hurt your scores. See, ontime payments, have increase my score points for the other two credit bureaus by roughly 10-20 pts in a period of 3 months. In the meantime, my experian (frozen) score remain the same. Somehow, it wasnt reading/updating my credit profile because it was frozen.

Now it has to play catchupThe report is updating, its your monitoring service that can no longer pull the updates. Remove the freeze, and you'll see the 'catch up' happens instantly.


alert mods    
   posted: Nov. 15, 2007 @ 12:46p

A freeze prevents certain companies from accessing your credit report. It does not prevent your credit report from updating.


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