A credit freeze is generally considered more secure than a credit lock. Here are all the reasons why.
This is because a credit freeze is guaranteed by law to protect your credit accounts, while a credit lock is not.
A freeze is a free service mandated by federal law that restricts access for most lenders to see your credit report.
This makes it a good option if you're a victim of identity theft or believe your information has been compromised.
On the other hand, a credit lock is a voluntary service offered by credit bureaus that may charge a fee.
To freeze or lock your credit, contact each of the credit bureaus - Equifax®, Experian® and TransUnion®.
It also restricts access to your credit report, but it's simpler to unlock a credit lock than to "thaw" a credit freeze.
However, a freeze may afford legal protections that a lock doesn't. So, if you have to choose, pick a freeze.
Like a credit freeze, a credit lock doesn't hurt your credit. It restricts access to your credit files so no ID theft occurs.