At Issue: BBB Chief Steve Bernas Says Take Advantage Of New Law To Help Protect Credit

Craig Dellimore
August 17, 2018 - 7:39 am

WBBM Newsradio/Craig Dellimore

Categories: 

CHICAGO (WBBM NEWSRADIO) -- A consumer watchdog is urging you to take advantage of a new law to help protect your credit information.

Steve Bernas, President of the Better Business Bureau of Chicago and Northern Illinois, said next month you can, without cost, take a recommended step to protect your credit history from being accessed unless you want it to be.      

In September, a new national law taxes effect that bars the big credit agencies from charging a fee if you want to freeze your credit. Steve Bernas, said that would make it difficult for someone to apply for a credit card in your name. Scammers, or anyone one else, could not access your credit report unless you specifically grant permission.  He said that unless you are planning to open a new credit account of buy a car or a house, freezing your credit can be a good idea.

Better Business Bureau Chief Steve Bernas is the guest on our At Issue program this weekend and you can hear more Sunday evening at 9:30 p.m.