English English Version en Espanol Spanish

Credit Restoration

About Credit

Customer Service

Navigation menu

 

 

Find reviews and testimonials at:



Vote for BCR Consulting Give us your vote


BCR Consulting will never publish fake client's testimonials on our website. If you wish to write a review of your experience working with us, please do it at any consumer or credit site that is not related with our company.

 

    Ad planner by Google

locking your credit reports


Absolute protection against identity theft

 

Credit Reports

A few years ago some states started to pass legislation allowing consumers to protect their credit reports by placing a PIN number on the credit file. Once this security device is in place new creditors are not allowed to pull the credit report. Only existing creditors, government and law enforcement can see a locked credit report without having the consumer's consent.

Such strong protection has both pros and cons.

 

The Pros:

 

Crooks will not be able to open a new account in your name.

You, your existing creditors, government entities and law enforcement, can access your file. A prospective creditor would see a message or code indicating that the file is frozen.
They would not be able to see your credit history or credit score. Almost all credit grantors check credit reports before letting people open an account.
Once you freeze your account, it stays frozen until you unfreeze it.

 

You can easily manage your security freeze.

Once you have made your initial request by mail and received a personal identification number, you can manage your credit freeze by phone, online or giving that PIN Number to the financial institution where you are going to apply for credit.
You can also have you credit permanently or temporarily unlocked by calling the credit reporting agencies:

Experian: (888) 397-3742

Equifax: (800) 685-1111

TransUnion: (888) 909-8872.

 

The Cons:

 

You have to pay in order to lock your credit file.

Freezing your file is free only if you are an ID theft victim and you have filed a police report. Consumers who only want to safeguard their file, must initially pay a fee to each of the three credit agencies. After that, in Virginia and other states, subsequent changes are free. In some sates the credit bureaus charge a fee to temporarily unlock your credit report. All depends on state laws.

 

A freeze doesn't protect your existing credit accounts.

Somebody can still steal your credit cards and charge purchases on them. However, you are protected against unauthorized charges by the Fair Credit Billing Act (FCBA)

 

You must lift the lock before you apply for new credit.

There is a legal provision in some states where the agency must lift your credit freeze 15 minutes after receiving your electronic or telephone request during normal business hours. If you request it by mail, the agency has three business days to act.

 

To learn more about your state credit freeze laws click Here

 

 

No money down, we will bill you only for results