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If you want to protect your credit, you’ll be happy to learn that setting up credit freezes is a simple process. Employers (if you’ve given them permission).While new lenders won’t be able to check your credit reports when they’re frozen, they will still be accessible to: Who Can View Your Credit Reports While They’re Frozen? Thus, if a cybercriminal tries to apply for a new credit account under your name, chances are they won’t be able to complete the application. Lenders rely heavily on credit reports during the underwriting process, so restricting their access can greatly reduce your chances of getting approved. When a credit freeze is in place, lenders won’t be able to access your credit reports during credit applications. Certified Credit: Innovative Credit Solutions for Mortgage LendersĪ credit freeze is a service provided by the nationwide credit bureaus (Equifax, Experian, and TransUnion) that restricts access to your credit reports.Are There Any Alternatives to Credit Freezes?.How Do Lenders Determine if a Credit Freeze is in Place?.Do Credit Freezes Impact Other Types of Financing?.How Many Credit Pulls Take Place During a Mortgage Application?.Can You Get a Mortgage With a Credit Freeze in Place?.Can Credit Reports be Frozen by Anyone Besides the Consumer?.Do You Have to Pay to Freeze Your Credit?.Who Can View Your Credit Reports While They’re Frozen?.