NEW YORK (AP) – Apple fans who froze their credit after the Equifax data breach may end up with another hassle on their hands if they try to get one of the new iPhones that can cost more than $1,000. People who did so and want to make any big purchase may find the same.
Since Equifax disclosed that 143 million Americans had their personal data hacked, experts have encouraged people to put in place a credit freeze.
That locks down a person’s credit from being stolen – but could also mean delays and more fees for those who want to finance a new phone. You can unfreeze your credit before a big purchase and freeze it again afterward. How long it will take and how much it costs vary state by state.