New Senate bill would allow customers to freeze credit reports for free

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Protecting your credit report may soon be free.

A new Senate bill expected to pass this week, would require firms to allow customers to freeze their credit reports without a fee.

Freezing a report prevents scammers from accessing your files.

Supporters of the bill say consumers will have easier access to loans with the new bill.

Others say the provision does not require a password to lift a freeze, making it easier for people to access a credit report.

The new bill comes after the 2017 Equifax data breach that left 140 million people affected.