Credit reporting agencies make the VAST amount of their money by giving your reports to companies that ask for it, even if unsolicited by you. Putting a credit freeze kills this ability to make money off you without your knowledge.
In fact, I think one way to do more consumer-safe credit reporting is to make it so that agencies are ONLY allowed to give a person's report to that particular person. When a person applies somewhere for credit, they would need to ask a credit agency for their report, and then give it to a prospective lender (the report would be cryptographically signed). That way you at least control who has access to your information.
In fact, I think one way to do more consumer-safe credit reporting is to make it so that agencies are ONLY allowed to give a person's report to that particular person. When a person applies somewhere for credit, they would need to ask a credit agency for their report, and then give it to a prospective lender (the report would be cryptographically signed). That way you at least control who has access to your information.