4 ms·
Why not make "frozen" credit the default?
by chiph 9y ago
Why not make "frozen" credit the default?
- dsfyu404ed 9y agoBaby steps.
- ensignavenger 9y agoThey need some way to unfreeze it, so presumably when you freeze it, you give them a password or keyword or some other shared secret to use to unfreeze it. They can't have a shared secret with you by "default". But they collect all sorts of private information about you by default... so maybe they shouldn't do that?
- mulmen 9y agoA credit freeze prevents other people from accessing your credit information. It has nothing to do with a password.
- tonyztan 9y agoYou are given an unfreeze PIN when you freeze your credit. I believe that's the "password" being referred to here.
- mulmen 9y agoThat's got nothing to do with making "frozen" the default. They give me a pin when I prove I am the person they have information on. This process does not change if the current status of my credit is frozen or unfrozen.
- asdsa5325 9y agoOr a better question: why are social security numbers used as a password but yet stored by every financial institution you interact with? If only we had some way to verify an identity while keeping important information private- oh wait, we do, public-key cryptography.
- vageli 9y agoThey could even hash the number and it would STILL be more secure than storing the raw string in plaintext.