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Freeze / Thaw Credit

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  • Oct 10th, 2019 10:56 am
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[OP]
Jr. Member
Apr 7, 2007
186 posts
59 upvotes
ontario

Freeze / Thaw Credit

Hi All,

I know the US gives people the ability to freeze/thaw credit. I was wondering if we have the ability to do the same in Ontario? I remember hearing that a bill in place to get this rolling, did it ever turn into a law?
I have a few friends that were victims of fraud recently and the ability to freeze/thaw would be nice. I guess we are entering desperate times with all this record level debt!

Thanks in advance.
2 replies
Deal Addict
User avatar
Jan 16, 2007
1346 posts
1533 upvotes
Nope. The most you can do is put a warning on, which creditors may or may not take into account when deciding to grant credit.
🏦 Banking: Alterna Bank (1.1%, No fees), Motive Financial (1.25%, No fees)
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[OP]
Jr. Member
Apr 7, 2007
186 posts
59 upvotes
ontario
aww well thats not ideal

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