Whenever you place a fraud alert on your credit report, a lender gets notified of this whenever he accesses your credit report. A fraud alert requires that the lender takes extra steps to verify the identity of the applicant. It requires that steps be taken to manually verify the identity such as calling the consumer Full Article…
When Friends and Family Use Your Personal Information for Credit
There are times when it is the people close to us such as our family and friends that use your personal information for their benefit of opening accounts and applying for credit. It is an unfortunate fact that people close to you such as friends and family commit identity theft. It is possible that you Full Article…
Identity Theft Does Not Depend on High Credit Scores
It is a fact that most of the times people who steal your financial information or not really stealing your identity. They are people who want certain financial information such as credit card numbers. They get this by rummaging through trash cans, stealing wallets and purses and by breaking into people’s cars. This kind of Full Article…
How Does Placing a Fraud Alert on a Credit Report Work
If the consumer has reason to believe that their personal information has been compromised so much so that they may be a victim of fraud, or know for sure that they have been victimized then taken at a fraud alert to the credit report. There are basically two ways of placing a fraud alert on Full Article…
How Do Credit Monitoring and Security Freeze Protect You?
Many people ask about how credit monitoring service and a security freeze can protect them against identity theft. They also wonder whether one is better than the other and which one will help them in their situation. The answer is that both security freeze and a credit monitoring service protect from identity theft although differently. Full Article…
Security Freeze on Your Credit Report Does Not Affect Credit Monitoring Services
Placing a security freeze on your credit report does not prevent you from accessing your personal credit report whenever you wish. It also does not interfere with you getting your annual free copy of the credit report as prescribed by the federal law. A security freeze allows you to protect your credit report from being Full Article…
How to Remove a Fraud Alert from Your Credit Report
Removing a fraud alert from your credit report is a simple matter of sending in a written request in the prescribed format. You can usually find the form on the website of the credit bureau which you can easily print out and is in the details. You may also be required to send in certain Full Article…
Replacing Lost PIN to Thaw a Frozen Credit File
A pin number is issued to the consumer when he chooses to put a security freeze on his credit report. This number is required to unfreeze or thaw of frozen credit report. This number is a way to ensure that it is the consumer itself and not some identity thief that is trying to remove Full Article…
It’s Better Not to Have A Security Freeze on Your Credit Report When Looking for a Job
Putting a security freeze on your credit report does not necessarily have to interfere with a job search. The only thing is that it will make things a little more complicated. A potential employer will not be able to check your credit report for your background reference till the time you have the security check Full Article…
How to Respond to a Security Alert on a Frozen Credit Report
Whenever you place a security freeze on your credit report new lenders and creditors can no longer access it without your permission. However, your current creditors may still be able to gain access to it in order to update various information. They may also be able to access it as a part of a routine Full Article…