Identity Theft Victim? Protect Your Credit
A lot of people are not aware that they are currently being victimized by identity theft until they do a credit
check. They are often shocked to see that there have been charges on their credit that weren’t done by
them and they have missed tons of bills that they don’t know about. What’s worse about a victim of this is
that your credit score will also be affected. Here are some things that you can follow and think about to
keep this from happening especially if you have been a victim of identity theft or if you just want to prevent
Make sure you check your credit score regularly to be able to track fishy transactions (if there are
any). This will ensure that all the items on your credit report are correct and you will also be able
to report malicious transactions immediately to your creditor.
Identity theft can really cause a lot of damage to you and your finances. It may be really
frustrating to see the huge bills and your credit score going down the drain. Despite this situation,
the best thing to do is to stay calm and to think about how you’re going to address the problem in
order to put a halt to it.
If you have noticed something wrong on your credit report, make sure you contact the three credit
agencies immediately and place a fraud alert on your credit report. You are required to contact
the two other agencies (required by the law).
You are also entitled to a credit reports every year from the three agencies, such as Experian,
Equifax and Transunion. Check it thoroughly for any unauthorized charges or new credit accounts
If you are already sure about the suspicious activities that you found, write a statement about
what’s happening and send it to your agency. Make sure you ask them to include the report to
your credit report as well.
Contact all of the companies that are in danger of being compromised and cancel all of the
accounts that have been made under your name without authorization.
A lot of people also forget to file a complaint of identity fraud to the Federal Trade Commission
about what’s happening to them.
You also have to contact your local police department about this and file a report immediately.
Bring all of the necessary documents, such as credit card statement and other papers that
indicate fraud activity.
You have to contact other companies such as your utilities, the electric company, your cell phone
provider etc. if to keep the thief from using your monthly statements as proof.
It is important that you know the steps or process on what to do if in case this happens. Again, you have
to keep yourself calm to be able to handle things better.
Joy is an active blogger who shares extremely interesting finance management tips over the web that
encourages people to manage their personal finances & check credit scores regularly. Know more on
how to protect yourself from online identity theft.