Quoted:
Quoted: (Not attempting a thread hijack)
Another useful piece of info:
Residents of 10 states can freeze their credit reports in order to prevent identity theft and people using and screwing up your credit:
http://www.bankrate.com/brm/news/cc/20030613c2.asp
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Bump to that. Each credit reporting agency can put a "fraud alert" on your report, which means that you must be contacted by phone to verify info before any line of credit is opened up in your name.
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And that "red flag" means, forget about getting any instant credit.
Also, it's detrimental to your report in general.
Try creditboards.com for more info
Opt-out is a very good idea. Red flagging your credit history is definitely not. And FYI, anyone can put a fraud alert on their report, not just those in ten states.