Errors on your credit report may take a variety of forms from simple spelling errors or no new address reported to fraudulent uses of your credit to obtain financing for purchases. There are two different ways to correct or 0dispute0 this information; online or in writing.
If you need a credit report visit 0An Overview of the Fair Credit Reporting Act0 www.identitytheftsecrets.com/an_overview_of_the_fair_credit_reporting_act_what.html for information on how to obtain your free credit report and why you are entitled to one.
Here is a step by step process for disputing your credit report information:
It is important that you receive your credit report from all three major credit reporting agencies: Equifax-800-685-1111 www.equifax.com ; Experian-888-EXPERIAN (888-397-3742) www.experian.com ; TransUnion-800-916-8800, www.transunion.com: as different credit companies report to different agencies. Not all creditors use only one and the incorrect information may appear in different reports. You may obtain your credit report online for free one time a year, with each additional report costing and additional sum, usually $10.00. If you are obtaining your first free annual credit report it will include all three agencies, you do not need to request one for each. However, you may find it more cost effective to use a credit monitoring system with […]
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As parents we most often carefully monitor our child0s websites, emails, cell phone and text messages because we are concerned. Many times it is a concern for our child0s safety. We worry about them being approached inappropriately online. We are concerned about sexual predators. But have we considered that our children may also be in a different kind of danger –the danger of identity theft?
Children are the perfect target for identity theft. They have a spotless credit record and because they are not using their credit it may go undetected for several years. They grow up and suddenly there discover their credit records are blemished. Can the information that we share about our children, whether it is online, to a school or medical professional allow the opportunity for identity theft?
In 2005 the Federal Trade Commission reported that over half a million children were victims of identity theft. These cases include: the use of a child0s Social Security Number being used illegally for income tax purposes and obtaining credit in a child0s name. It0s easy enough to do; just the other day one of my own children received a credit card offer in the mail. What if that fell into the […]
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Your Free Credit Score Report is absolutely the most important piece of mind you need to have these days. How are you ever going to know what is being reported about you if you don’t have a current copy of your Free Credit Score Report. Maybe you are applying for some type of loan and find out to your surprise that you don’t have the credit score you really should have to get the best interest rates. I am going to give the top reasons why you should get a copy every 60 to 90 days. It is to most peoples surprise when they are told NO in regards to the following, or maybe someone stole your identity and you never knew about it. Here are the top reasons.1. To get that new “Dream Job”.2. To get the low interest rate credit card3. New Car4. Identity Theft Protection5. New House6. Keep your current rates low on existing credit cards7. Discover inaccuracies on your Credit Report8. Because you were denied credit9. Piece of Mind10. An educated consumer saves money.The previous list mentioned is so important because all of these items are part of our every day lives. If you are not […]
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