What is the difference between a fraud alert and a credit freeze?

    Published: 06-16-2009
    Views: 9,015
    Consumer education expert Linda Sherry discusses the difference between a fraud alert and a credit freeze.

    Host: What is the different between a fraud alert and a credit freeze?

    Linda Sherry: A credit freeze is much different than a fraud alert and that it's a much more stringent measure of protection. It really means that no one can open up credit in your name, not even you, until you provide a special PIN or password that you have arranged for in advance.