What is the duration of an extended fraud alert on a consumer's credit report?

An extended fraud alert on a consumer's credit report is designed to provide an added layer of protection for individuals who have experienced identity theft. The correct duration of this alert is indeed 7 years.

When a consumer places an extended fraud alert, it notifies potential creditors to take additional steps to verify the identity of the individual before granting credit. This is particularly important in cases of suspected fraud, as it helps to prevent further unauthorized use of the consumer's personal information.

The 7-year duration allows consumers enough time to monitor their credit and address any fraudulent activity that may arise from prior theft incidents, thereby reducing the likelihood of future issues. Other durations stated in the choices do not align with the stipulations set forth by the FCRA regarding extended fraud alerts.