St. Paul, Minn. — Senator John Marty (DFL-Roseville) today announced a new pro-consumer law that prohibits fees for freezing credit reports.
“In a session filled with disappointments, there were occasional steps of progress. Back in January, I began pushing for a ban on fees for freezing one’s credit reports, and laid out the case for the bill in this commentary: http://www.apple-pie.org/ttp/default.asp?articleid=139.
Although I was unable to get a hearing on my bill (despite repeated requests), I was able to amend it on to another credit reporting bill. Fortunately it made it through the process and was signed into law by Gov. Dayton. Minnesotans will no longer be charged a fee to freeze or unfreeze their credit to protect their financial security!”