Betekenis van credit freeze In het Nederlands

• 0 a situation in which actions by a government force banks to stop lending money:

  • A sign that the credit freeze may be thawing is a drop of .01% in the interest rate that banks charge to borrow from one another.

• 1 a service that allows consumers to prevent credit bureaus (= companies that collect and sell people's financial information) from selling the information in their files. Credit freezes are used for preventing identity theft (= the illegal use of another person's personal information):

  • The new law allows residents to place a credit freeze on their reports.

  • Keep in mind that a credit freeze will not prevent a thief from misusing your existing credit cards and accounts.