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Experian: Launches CreditLock

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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

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