How to Freeze and Monitor Your Credit to Help Prevent Identity Theft

Learn about navigating retirement joyfully and how to defend against identity theft with credit freezing and monitoring. How do you embrace retirement when it’s time to retire? How can you use credit reports and credit monitoring to protect your financial identity? Hosts Sean Pyles and Sara Rathner discuss transitioning into retirement and safeguarding against identity theft to help you understand the emotional and practical aspects of retiring and the crucial steps to defend your financial information.  00:50 This Week in Your Money: Recently retired podcast alum Liz Weston joins Sean and Sara to discuss her transition into retirement. She offers tips and tricks on overcoming fear of the unknown, ensuring financial and health insurance plans are in place, and finding fulfilling post-career activities.  10:30 Today’s Money Question: Listener Catie joins Sean and Sara to share a story about identity theft and to ask how she can safeguard herself from similar issues in the future. Sean and Sara discuss the necessity of credit freezes, strategies to monitor credit reports, and adopting vigilant password practices. They also explain how you can freeze your credit with relative ease, retrieve a copy of your credit report for free as often as once a week, and weigh the decision of whether to monitor your own credit or outsource it to a credit monitoring service. In their conversation, the Nerds discuss: personal finance, retirement planning, identity theft, financial identity protection, credit freeze, credit bureaus, personal finance, financial planning, life transitions, identity theft prevention, credit card fraud, financial security, Equifax, Experian, TransUnion, credit report, safeguarding finances, retirement advice, financial legacy, navigating retirement, credit monitoring services, credit card security features, protecting personal finances, credit fraud, freezing credit, credit theft, post-career life, emotional aspects of retirement, retirement goals, credit report freezing, financial identity theft, retirement strategies, and credit card application fraud. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend.

Om Podcasten

NerdWallet’s objective finance journalists answer real-world questions empowering you to make smarter decisions with your money and help your finances thrive. The Nerds are your resource to make the most of your personal finances, while cutting through the clutter and misinformation of today’s economic news and advice. You’ll get clarity on strategies to help you build your wealth, invest wisely, shop for financial products, and plan for major life events. By the end of each episode, you’ll feel smarter and more informed to make the most of your finances. Future You will thank you. Join hosts Sean Pyles, Sara Rathner, and other expert Nerds as they discuss everything personal finance, including: - Credit cards: credit card rewards, different types of credit cards, credit card annual fees - Investing and retirement: investment strategies, retirement planning, financial independence, investing in the stock market, money market accounts, financial strategies, mutual funds, short-term bonds, exchange-traded funds (ETFs), Roth IRA investing, robo-advisors, retirement savings - Personal finance: budgeting methods, emergency funds, paying off debt, frugal living, money management tips, wealth accumulation, money habits, cultivating a money growth mindset, debt-free living, financial resources, budgeting apps and browser extensions, avoiding scams, tax bills, financial success and financial stability - Banking: high-yield saving accounts, online banking, credit unions - Loans: student loans, home equity loans, HELOC, student loan forgiveness - Home: mortgage interest rates, homebuying, home improvement projects, homeowners insurance - Insurance: travel insurance, pet insurance, auto insurance, home insurance You’ll love NerdWallet’s Smart Money Podcast if you like podcasts like Planet Money, The Personal Finance Podcast, DIY Money, Afford Anything, How to Money, The Ramsey Show, Money Rehab with Nicole Lapin, NPR’s Life Kit: Money, Popcorn Finance, Money Girl, Everyone’s Talkin’ Money, So Money with Farnoosh Tarabi, The Money with Katie Show, All the Hacks with Chris Hutchins, The Stacking Benjamins Show, MoneyWatch with Jill Schlesinger, or Your Money, Your Wealth. NerdWallet Compare, Inc. NMLS ID# 1617539 NMLS Consumer Access: http://www.nmlsconsumeraccess.org/