Senator Jerry Hill Introduces Legislation to Provide Free Credit Freezes for Californians

January 04, 2018

SIerra Sun Times

SACRAMENTO – State Senator Jerry Hill introduced consumer protection legislation yesterday to make it free for all Californians to place a security freeze on their financial and personal data with the nation’s credit reporting agencies.

The co-authors of Senate Bill 823 include Senators Cathleen Galgiani, D- Stockton, and Bob Wieckowski, D-Fremont, and Assemblymembers Kevin Kiley, R-Granite Bay, Monique Limón, D-Santa Barbara, Evan Low, D-Silicon Valley, and Mark Stone, D-Monterey Bay.

“Californians should not be forced to pay for protecting their credit from the alarming data breaches of personal information that have become all too common,” said Senator Hill, D-San Mateo and Santa Clara Counties. “Credit agencies are involved in so many aspects of our lives, from major purchases such as buying a home or car, to everyday transactions like signing a new cell phone contract. These agencies possess our most sensitive information, and they shouldn’t profit from consumers’ efforts to protect themselves.”

SB 823 would amend the California Consumer Credit Reporting Agencies Act by removing the authorization for credit agencies to charge up to $10 to place or lift a credit freeze. The legislation will also ensure that credit freezes can be requested via the internet; current law allows credit agencies to require that requests be made by traditional mail. In addition, the bill has a “one-stop” provision to enable consumers to freeze their credit with all three major credit agencies by simply initiating a freeze with one of them. This streamlined approach would allow the consumer to use a single password or pin to control their credit freeze.