Other Necessary Actions Would Be To File A Report With The Police And Place An Initial Fraud Report On Your Credit Report

Category: Finance, Credit.

Identity theft has become a problem with the introduction of shopping online. You can also have your information stolen by not correctly disposing of bank statements and other mail that contains personal information, such as your social security number.

Thieves set up. clone web sites much like the ones that are used popularly to make purchases so that they can fool unsuspecting victims into entering their personal information. It is important to always shred any trash that contains such information, because having your identity stolen can adversely affect your good credit. You lose any money and belongings, and then have to get all of your personal information cards either canceled or replaced. Any woman knows that it is a nightmare to have her purse stolen. Your debit account could go into a negative balance merely by someone forging your signature. If you do not cancel your credit cards and freeze your bank account immediately you could drop from having excellent credit to bad credit sooner than you might think.

If you don t have a credit card, the person who holds your personal information can easily open one and charge thousands of dollars worth of merchandise in a matter of hours. Other necessary actions would be to file a report with the police and place an initial fraud report on your credit report. Prior to entering any personal information, such as your credit card number for making a purchase, be sure to check the web address to be sure that you are on the companies official web site rather than a clone with the same appearance but different address. On the Internet and telephone, you take a chance anytime you give out personal information. This one thing is often overlooked and thieves have exploited it successfully many times. The best thing to do if you feel that you may have been a victim of identity fraud is to get an up to date credit report and look for activity that you are certain is not your own.

If you notice this, report the fake site to the official site so that you can help prevent some unsuspecting person from making a simple mistake that could completely ruin their credit. In the event that you do find a new account opened or activity that is not your own, contact any companies involved to try to obtain a signature that was not made by you. Keep track of every action that you take, and make sure to ask lots of questions about your credit score to be sure that everything is correct. The sooner you file your identity theft report, the easier it will be when trying to keep your credit report from being harmed.

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