The massive Equifax data breach is prompting new legislation in the Illinois House. Attorney General Lisa Madigan says freezing your credit report is the best way to safeguard your information. But, for most people that costs 10 dollars for every reporting agency.
The bill also removes the cost for lifting the freeze. Madigan urges affected consumers not to wait for the legislation, and to contact Equifax, Experian and Transunion to block your report if you aren’t planning on taking out a loan or getting a new credit card right away.