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HomeCredit ForumCredit repair

How do I protect my credit?

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carrie.pharoah



Joined: 18 Aug 2008
carriepharoah's page
Posts: 1



71 Magic Points
Subject: How do I protect my credit?
 
 Posted on Mon Aug 18, 2008 2:35 pm  
my id was stolen
when I was robbed. How can I protect my credit?
 
Mary

Mary

Joined: 06 Jul 2006
Mary's page
Posts: 324



8704 Magic Points
 
 Posted on Tue Aug 19, 2008 1:20 pm  
Hi carrie

Since you were robbed and your identity is stolen, I think the best way to prevent identity theft is to go for fraud alert services with the credit reporting agencies. Whenever you go for fraud alert services, you will be contacted by the creditor whenever someone is going to open any new line of credit in your name. Initially the fraud alert service remains active for 90 days after which you can go for extended fraud alert services with the CRAs which is basically a long term solution for preventing identity theft.

_________________
Where there's a will, there's a way !!
 
anthony

anthony

Joined: 31 Jul 2006
anthony's page
Posts: 493



12319 Magic Points
 
 Posted on Tue Aug 19, 2008 1:41 pm  
I too think that the best way for you to prevent identity theft is to apply for fraud alert service with the three bureaus. If you contact any one of them, the other two will be informed automatically. You will get one free credit report from each of the three bureaus as soon as you opt for the service. This service is valid for 90 days after which you need to call the credit bureaus again and re-activate the service.
_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2859



1988 Magic Points
 
 Posted on Tue Aug 19, 2008 11:37 pm  
Sounds like thes two have you covered. Please stop back and let us know how it worked out for you and ask anything else you need.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Wed Aug 20, 2008 1:12 am  
yep, they have it covered
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2859



1988 Magic Points
 
 Posted on Wed Aug 27, 2008 12:21 pm  
Thats always good to hear.
 
1002543



Joined: 31 Aug 2008
1002543's page
Posts: 84



96 Magic Points
 
 Posted on Wed Sep 03, 2008 1:40 am  
I would go farther and freeze all 4 credit files.
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2859



1988 Magic Points
 
 Posted on Wed Sep 03, 2008 2:03 am  
What four credit files. Are you talking about the credit cards or what. Not that I had my wallet stolen but I feel these things are good to know because you never know when something will happen.
 
1002543



Joined: 31 Aug 2008
1002543's page
Posts: 84



96 Magic Points
 
 Posted on Wed Sep 03, 2008 2:28 am  
Experian, TransUnion, Equifax, Innovis.
 
Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 417



10874 Magic Points
 
 Posted on Wed Sep 03, 2008 4:06 am  
Yes, if you have credit cards in your wallet and you lose it somehow, you should immediately inform the cc company of the loss of card. However, if you fail to report the loss of the card, your maximum liability would by $50. But if you inform about the loss, you are not liable to pay for unauthorized use of your card. After reporting the loss of the card, you should always take steps for fraud alert services with the credit bureaus. You may first apply for an initial fraud alert service and then an extended fraud alert service with the bureaus.
_________________
Best Wishes
Justin
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2859



1988 Magic Points
 
 Posted on Fri Sep 05, 2008 12:39 am  
Wow I didn't know that would be all a person could be held liable for. Do you have to have some kind of credit card protection service plan to get this? Also I heard of three out of the four credit reporting agencies but never of Innovis. Who are they?
 
businesscredit

businesscredit

Joined: 05 Sep 2008
businesscredit's page
Posts: 2
Location: NV


35 Magic Points
 
 Posted on Fri Sep 05, 2008 3:29 am  
The early, the better.

My mom's wallet got stolen last week and immediately we reported it to credit card companies and requested to closed account.
 
goodnatured



Joined: 03 Nov 2007
goodnatured's page
Posts: 3137



5332 Magic Points
 
 Posted on Sat Sep 06, 2008 1:29 am  
That is why it is always good to keep copies of your cards in a secret place so that if they are stolen you have access to the numbers on the card and the phone numbers to call it in stolen.

You should always keep some type of record of the cards that you have in your wallet.

I would also get a hold of the credit reporting agencies and put an alert on your credit report so if any one applies for any credit you can stop it before it happens.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 2859



1988 Magic Points
 
 Posted on Sat Sep 06, 2008 1:34 am  
This is good info GN. I never thought of this. I do not have my account numbers anywhere. I will be writing them down and storing them somewhere. THANKS!!!
 
mirage12



Joined: 24 Jul 2008
mirage12's page
Posts: 8



275 Magic Points
 
 Posted on Thu Sep 11, 2008 2:41 am  
if the cards are lost or stolen, you can notify the companies quickly. If your notification is received before the cards are used, you have no legal responsibility for the bills; if it is received after the cards are used, your legal responsibility is $50 for each card.
 
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