New Law Allowing Credit Freeze For Financial Caregivers

What You Should Know About Credit Freeze To Protect Against Financial Exploitation This article was written by Stacy Canan and Lois Greisman for the Consumer Financial Protection Bureau. If you manage someone else’s money, protecting your loved one from financial exploitation and scams is among your important responsibilities. Starting Sept. 21, 2018, a new federal law lets some financial caregivers request a security freeze, also called a credit freeze, on their loved one’s behalf. Taking this step can help protect them...