Fraud Prevention

• Protect yourself: A 90-day security alert gives you time to verify if you are a victim of fraud. If you determine you are a fraud victim, you may add a 7-year victim statement to your credit report.
  
  
• Inform creditors: Contact each creditor with the fraud account and inform them that the account is fraudulent.
  
  
• Document all contacts: Make notes of everyone you speak with; ask for names, department names, phone extensions and record the date you speak with them.
  
  
• Understand the process: Each creditor may have a different process for handling a fraud claim. Make sure you understand exactly what is expected from you, and then ask what you can expect from the creditor. At the conclusion of an investigation, ask the creditor for a document that states you are not responsible for the debt.
  
  
• Follow up: Make sure everything a creditor/credit reporting agency has requested is received. It is always a good idea to place a follow up call or send a letter for confirmation.
  
  
• Review reports regularly: Obtain another report several months after you believe everything is cleared up. If a new fraudulent account is discovered, you know how to handle it. If your credit report is back to normal, you can feel confident that all issues were resolved as you expected. It would be a good idea to check your credit report again in six months and a year later.
  
  
• Don't throw away files: Keep all notes and correspondence in an accessible file in case they are needed in the future.
  
  
  
  
  

Credit report monitoring
does not lower your
credit score!