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Georgia Governor to sign bill allowing 'credit freeze' Save Email Print
Posted: 8:24 AM May 13, 2008
Last Updated: 8:24 AM May 13, 2008
Reporter: Associated Press

A | A | A

ATLANTA (AP) -- Georgians soon will be allowed to freeze their credit to thwart identity thieves.

Governor Sonny Perdue is expected to sign a measure Tuesday that allows residents to place a freeze on their credit for $3 -- or a total of $9 for the three major credit reporting agencies.

It allows anyone 65 or older to place a freeze for free.

The measure was three years in the making. Advocates are pleased with the results. They call it one of the most consumer-friendly credit freeze bills in the nation.

When a freeze is in place, it prevents credit reporting agencies from releasing a resident's information without written permission. It also allows residents to temporarily "thaw" the account if they choose.

It goes into effect August 1st.

Copyright 2008 by The Associated Press. All Rights Reserved.

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