We dive into the differences between a fraud alert, credit freeze and a credit lock. We'll cover the pros and cons of each, including the cost of each (2 are free).

You can get access to my personal notes on finance and investing by joining my free weekly newsletter:
https://robberger.com/getaccesstom...

Resources mentioned in this video:

https://www.consumer.ftc.gov/articles...
https://www.consumer.ftc.gov/articles...
https://www.consumer.ftc.gov/articles...
https://www.consumer.ftc.gov/articles...

TransUnion Credit Lock: https://transunion.ifgza3.net/PJgbq (affiliate link)

Timestamp:

0:00 Introduction
1:56 Fraud Alerts
3:43 Extended Fraud Alerts
4:45 Active Duty Alerts
5:48 Credit Freeze
9:12 Credit Lock
11:16 My Notes

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ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and DadThe Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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