You should put a credit freeze on your SSN, before leaving the country. There are 3 credit bureaus that track your credit history - Equifax, Experian & TransUnion. You've to apply individually at each of the credit bureaus for credit freeze. Here are the links for you to follow-on:
Equifax Credit Freeze
Experian Credit Freeze
TransUnion Credit Freeze
Social Security website allows you to block electronic/telephone access to your personal information. However, it doesn't stop the credit bureaus from performing credit checks. Hence, it is highly recommended for you to apply for credit freeze, at the individual credit bureaus.
If you are extraordinarily rich, you can also sign-up for identify theft services such as Lifelock, that provide extra protection.
Applying for credit freeze should be one of the important things to do, in your R2I checklist.
Also read:
R2I Planning Guide
R2I - How can I get my Social Security benefits/money?
Hello Saro. Thanks for the amazing website. It is VERY helpful. I am moving to India for good on Dec 10th 2010. When should I apply for my credit freeze? How long does the process take?
ReplyDeleteYou can apply for credit freeze any time. Since you are returning back next month, you can apply for it now. It takes roughly 1 week for them to process your application.
ReplyDeleteShould I apply for credit freeze after i close all my bank and credit card accounts or it doesnt matter?
ReplyDeleteIt doesn't matter. Credit freeze will prevent you from getting "new" credit cards or availing other forms of credit.
ReplyDeleteYou can continue to keep the existing cards/loans.