I’m probably not the right person to solve world hunger, fix the American healthcare system, or cleanup our oceans or air. My background is in technology and business – building consumer credit products for PayPal and fixing the messy financing process for Tesla vehicles. Using my background in the credit industry, I believe the best way I can help others en masse is to build a way for Americans to easily freeze and unfreeze their credit files.

There are three US credit bureaus – Experian, TransUnion, and Equifax. They are entrusted with the credit files for all Americans. We don’t have any way to opt-out of this – it is simply how the US credit system works. 

You may have heard of Equifax, because the company’s negligence led to a theft of 143 million credit records. Because of that theft, a single record – possibly yours – can be bought illegally for a few bucks on the black market. An identity thief can use that credit record to open new credit cards, loans, or other accounts in your name.

Because of the severity of the Equifax breach, congress passed legislation that forces the three credit bureaus to let consumers place, remove, and temporarily lift a credit freeze for free. (It used to cost $30 per freeze). 

If you’ve never frozen your credit before, then it is unfrozen. Without using Snow-Capped, taking action at each bureau to freeze your credit and protect yourself is slow and time consuming. If you want to apply for a new credit card or get pre-approved for a mortgage, unfreezing so you can apply for credit is just as tedious. 

Snow-Capped is the only place where you can freeze and unfreeze your credit at all three bureaus at once, for free. If you need your file frozen/unfrozen urgently, we charge a $19 rush processing fee.

Freezing your credit defends against major identity theft by preventing thieves from opening new credit cards or other types of loans in your name. Even if you have bad credit, don’t you think it’s better for you to have more control over it?

That’s why I made Snow-Capped.


Nicholas T. Quigley