(kred’it freez) (n.) Also known as a credit security freeze or security freeze. A credit freeze is a method by which a consumer can limit access to his or her credit report to companies with which he or she has a pre-existing credit relationship, such as mortgage, auto loan and credit card, or a company they wish to enter into a credit relationship with.
By freezing their credit report, consumers can block the opening of a new credit account without their specific permission. When the consumer wants to open a new credit account, they can lift the freeze to allow access to their credit report by the potential creditor.
Depending on state law, potential employers, insurance companies, landlords, collection agencies and other non-creditors can still access a person’s credit report. But, it is unlikely that an identity thief would be able to open an account in the name of the consumer.
See “Credit Freeze Can Protect Against Identity Theft” in the Did You Know…? section of
- creeping featurism
(kree’ping fee’chr-izm) Creeping featurism is a slang term used to describe a tendency for systems to become more complex over time as more features are added than were in the original design or plan. This term is widely used in software and hardware development, but is also used in non-technical industries. In software or hardware […]
A type of malicious software that is designed to commit crimes on the Internet. Crimeware may be a virus, spyware or other deceptive piece of software that can be used to commit identity theft and fraud.
- crippled version
A demonstration version of a piece of software that has one or more critical features disabled. Many software companies distribute crippled versions of their applications free with the hope that users will get hooked and buy the full version.
1. Software crippleware is a type of shareware program that is distributed free to the user. In crippleware vital features of the program such as printing or the ability to save files are disabled until the user purchases a registration key. While crippleware allows consumers to see the software before they buy, they are unable […]
- crisis blog
A slang term used to describe a blog that is created only to handle a business public relations crisis. Crisis blogs enable a company to immediately respond to an allegation or rumor. See “The History of Blogging” in the Quick Reference section of