![]() Currently in Illinois, consumers are charged $10 a piece to place a credit freeze with each of the three major credit reporting agencies, unless they are over 65 years of age, an active duty service member or an identity theft victim with a police report. The Equifax breach reported last month has so far impacted over 145 million Americans and more than 5.4 million Illinois residents. “Whether you are one of the more than 5 million Illinoisans affected or someone who wants to proactively protect your information through a credit freeze, you should not have to pay a fee for doing so.” “Consumers trusted credit reporting agencies to protect sensitive, personal information, and yet we learned with Equifax that those agencies are not impervious to data breaches,” Harris said. People should not have to pay for this vital service especially after the massive Equifax breach.” “One of the best ways for people to protect themselves from identity theft is to place a credit freeze on their reports. “Unfortunately it is no longer a matter of if but when you will be a victim of identity theft,” Madigan said. The legislation passed unanimously by a vote of 109-0 out of the House and will now be considered by the Senate. Seven states already ban or restrict these fees by the credit reporting agencies Equifax, Experian and TransUnion. Greg Harris, to eliminate credit freeze fees in Illinois. Madigan Calls on Senate to Pass Legislation to Prevent Consumer Reporting Agencies From Charging Fees to Guard Against Identity TheftĬhicago - Attorney General Lisa Madigan today applauded the Illinois House for passing legislation to prohibit credit reporting agencies from charging consumers fees to put a credit freeze on their accounts.įollowing the massive data breach at credit reporting agency Equifax, the Attorney General initiated House Bill 4095, sponsored by state Rep. ATTORNEY GENERAL MADIGAN APPLAUDS HOUSE PASSAGE OF LEGISLATION TO MAKE CREDIT FREEZES FREE TO CONSUMERS
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