Experian: Launches CreditLock
- Experian launched CreditLock, a new feature that will enable customers to lock their Credit Report at the touch of a button
- The launch comes following data that shows 1 in 4 UK adults have fallen victim to fraud
- With 75% of UK adults having been targeted, highlighting the scale of the problem in the UK
- The report can be instantly ‘unlocked’ using the same toggle either in the app or online.
- This means it is instantly accessible if the consumer wishes to make a genuine application for credit
- Using real-time alerts, the feature will also let customers know about any new credit searches in their name
