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No more fees to freeze
Floridians will no longer have to pay credit reporting agencies just to freeze their credit

Staff Reports

The Gov.‘s signature last week on HB 953 helps Floridians protect themselves against criminals who aim to steal their identity and compromise their credit. With data breaches like the one at Equifax continuing to happen, 16.7 million consumers were impacted by identity fraud in the United States and more than $16 billion stolen from accounts last year. Floridians need to be empowered to easily protect themselves from fraud. This act will take effect July 1, 2018.

There may be a fee of no more than ten dollars if the consumer forgets their personal identification number or password and, according to the bill, the reporting agency may have anywhere from three days, if the consumer requests the removal themselves - or up to thirty days to ‘un-freeze’ credit if you are a representative of the consumer.

Chief Financial Officer (CFO) Jimmy Patronis issued a statement thanking Governor Scott regarding the signing of House Bill 953, eliminating the fee imposed on Floridians to freeze their credit.

Patronis also said, “Thank you to Rep. Shawn Harrison, Sen. Jeffrey Brandes, and Commissioner Adam Putnam for their support of this good bill.”

This bill,  “... prohibits a consumer reporting agency from charging any fee to a consumer for placing, removing, or temporarily lifting a security freeze on his or her consumer report.