HB3674 Summary

• Amends the Consumer Fraud and Deceptive Business Practices Act to allow security freezes on credit files of minors and persons with disabilities, in addition to existing consumer protections.

• Establishes procedures for parents, guardians, or agents to request security freezes on a minor's credit file by submitting written documentation including identification, Social Security card/birth certificate, and proof of authority.

• Requires consumer reporting agencies to place security freezes within 5 business days and provide written confirmation within 10 business days; freezes on minors' credit files cannot be temporarily lifted.

• Prohibits consumer reporting agencies from charging fees for placing, removing, or temporarily lifting security freezes on credit reports.

• Makes violations of these security freeze provisions unlawful practices under Illinois consumer protection law; specifies exemptions for certain entities including existing creditors, government agencies, and check services companies.