« Previous Post | Blog Home | Next Post »
Action Taken on Credit Freezes in Florida And California
Posted on May 14, 2006 by Tom Fragala
Jim at GuardMyCreditFile is following these stories. First, Florida in on the brink of passing a credit freeze law—great news for consumers there. Second, California has a bill that proposes to make that state’s already powerful credit freeze law more convenient for consumers—letting residents unfreeze the file with a simple phone call. But financial institutions are working hard to defeat these and any similar laws.
The Florida State Legislature has sent a bill to Gov. Jeb Bush that will allow any resident of the state to freeze their credit file. The bill, which cleared its final hurdle last month, was unanimously approved by the legislature. On the other side of the country, the California State Legislature is looking to significantly enhance the states existing credit freeze law. While all of this is good news for consumers, there is an effort afoot in Washington, DC to stop both states, dead in their tracks.
Comments
Post a Comment