Remember Me
forgot your password?

Fraud Alerts, Your Credit Score & Identity Theft

If you are like many men and women, you have an understandable concern in regard to identity theft. Statistics prove that you are likely to become the victim of identity theft at least one time during your lifetime. In fact, when you really consider how common identity theft actually is, odds are that you will become a victim of identity theft once every ten years. Understanding how common identity theft is, you must realize how it can impact your life and your finances, including your credit score.

If you discover that you have become the victim of identity theft, one of the first things that you will want to do is to make contact with each of the three major credit reporting agencies. These agencies make it fairly easy for you to report the fact that you have become the victim of identity theft. These agencies maintain special toll free numbers and dedicated portals on the Internet and World Wide Web through which you can report that you have become the victim of identity theft.

Once placed on your account, a fraud alert will flag any activity. In other words, even if an inquiry is made to the credit reporting agency about you, you will be notified immediately. This is very helpful to you when you are fighting identity theft and working to prevent your credit score from being damaged or harmed because of identity theft.

You may be wondering whether there is a charge to have a fraud alert placed on your credit report and your associated credit score. The fact is that the credit reporting agencies do not charge you anything for placing an alert on your credit report and your credit score.

There are identity theft protection agencies in business today that can assist you in undertaking these types of steps to protect your credit report and your credit score. These services do charge a fee for their assistance.

Finally, when it comes to the issue of identity theft, a fraud alert, your credit report and your credit score, you need to keep in mind that these alerts do not stay in place forever. Therefore, you need to make sure that you remain in contact with the credit reporting agency in order to keep the fraud alert in place for as long as is necessary. It is important that you do not release the fraud alert in a premature fashion.

Bernard Pragides

Author and internet entrepreneur Bernard Pragides offers expert advice and tips regarding identity theft. Learn more about identity theft and fraud by visiting his identity theft blog at http://www.LifeLockBlog.com.

Rate this Article: 0 / 5 stars - 0 vote(s)
Print Email Re-Publish

Add new Comment



Captcha

  • Latest Security Articles
  • More from Bernard Pragides

How to reset sa password in MS SQL Server ?

By: happykaka | 22/12/2009
The sa account has full rights in the MS SQL Sever environment. When you install the MS SQL Server program, the sa account is created and sa password is default blank (NULL). You can also change the blank sa password to a strong one when the setup program is running.

Offline Update Avira

By: sugiex | 22/12/2009
update the antivirus Avira without a direct internet connection.

Importance of IT Support in Business

By: George Pettit | 21/12/2009
Virtually every company depends on its computer network. Its cash flow and inventory are just two of the figures that need to be closely monitored and this can only be done with assurance through a functioning computer system. In addition, the clients are serviced through computer generated software and any interruption in the system will cost the Business clients.

How far has CCTV come?

By: Holly Forster | 21/12/2009
Closed-circuit television (CCTV) refers to the use of video cameras to transmit signals in a specific place, across a limited set of monitors. CCTV is often used for surveillance in areas and industries that may need around the clock monitoring, including banks, industrial warehouses, and convenience stores.

Know more about sd card

By: Henry Miller | 21/12/2009
Sd card stands for secure digital in many electrical devices in the market. Today various cards have got the approval of secure digital association along with sd card in themarket.

Know more knowledge about USB key

By: Carolynsherwin | 21/12/2009
Consumers of usb key should know that usb flash drive is a flash memory data storage device synchronized with usb 1.1 and 2.0 interface in many countries. The usb key is quite smaller in size than floppy disk produced in the world market.

Most Information about xbox 360 accessories

By: Carolynsherwin | 21/12/2009
The xbox 360 accessories was launched by microsoft with special features carrying lots of first-party and third-party accessories.

More Latest Information about Nano

By: Carolynsherwin | 21/12/2009
Today in computing industries nano means curses based text editor which is applicable in unix and unix-like systems in many countries. Also the nano which consumer is using is the clone of pico later counted as the editor of the pine email client in the world market.

How Bartering Can Get You Everything You Want in Life

By: Bernard Pragides | 01/05/2009 | Investing
What if you desperately needed something done in your life, maybe you needed to fix your car or your home, but you have absolutely no money to do it?

Buying Your First Home during the Recession

By: Bernard Pragides | 21/04/2009 | Investing
Buying real estate property is a serious undertaking whether the economy is in recession or not. During recession, buyers are in a better position to negotiate but there are still a lot of risks involved.

4 Tips to Survive the Recession

By: Bernard Pragides | 21/04/2009 | Investing
Countless people were ill-prepared for the recession that suddenly struck the world. There isn’t much an average person can do about it either. Many have already lost their homes, their jobs, or their investment money.

Preventing Identity Theft: Here’s How To

By: Bernard Pragides | 21/04/2009 | Security
There is a substantial increase in the number of identity thieves. Everyone should be worried about the statistics. Fortunately, it is not that hard to protect your identity against the fastest-growing criminal activity in the country.

Fraud Alerts, Your Credit Score & Identity Theft

By: Bernard Pragides | 12/03/2009 | Security
If You Discover That You Have Become the Victim of Identity Theft, One of the First Things That You Will Want to Do is to Make Contact With Each of the Three Major Credit Reporting Agencies. These Agencies Make it Fairly Easy for You to Report the Fact That You Have Become the Victim of Identity Theft.

Identity Theft And Your Credit Score

By: Bernard Pragides | 09/03/2009 | Security
One of the insidious effects of being the victim of identity theft is the fact that this type of crime can do serious damage to your credit report and to your credit score. Indeed, you very well may see your good credit score plummet into the poor range in no time at all if you are the victim of identity theft.

Protecting Yourself Against Identity Theft: Monitor Credit Report Regularly

By: Bernard Pragides | 06/03/2009 | Investing
When it comes to protecting yourself against identity theft it really is crucial that you be and remain as proactive as possible. By making sure that you do monitor your credit report regularly, you will be doing just that.

The Importance Of Comprehensive Identity Theft Protection

By: Bernard Pragides | 05/03/2009 | Investing
Identity theft is a serious problem in the world today. Therefore, you need to be certain that you have the most appropriate identity theft protection plan and program in place. In short, it is important for you to have a identity theft protection plan that is thorough and comprehensive.

Submit Your Articles Free: Signup
Article Categories




Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.64, 7, w2)