Without dissent, the Senate on Thursday gave preliminary approval to Arizona’s first law allowing consumers to freeze their credit reports.
SB1185 is designed to stop identity thieves from applying for credit cards, loans or other debt in the name of innocent — and unaware — victims.
The measure crafted by Sen. Amanda Aguirre, D-Yuma, permits individuals to forbid the three major credit reporting agencies from providing credit reports without their specific permission. Without such a report, businesses and lenders are unlikely to extend credit to someone.
The measure, which now needs a final Senate vote, sets up procedures for consumers to unfreeze their reports using a personal identification number when they want to buy something.
news source : http://www.eastvalleytribune.com/story/111408
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