Credit Repair for Identity Theft Victims
Identity theft victims are those people that lose simply because someone has
stolen their identity and run up their bills. If you are victim of Identity
Theft you are well-aware how difficult it can be to get back on your feet again.
Identity Theft victims often have to go through a number of steps to fix
their credit and identity. Once the victim has made contact with the 3 credit
bureaus they often put a Fraud Alert on your credit-report, which is meant to
be a protection, something beneficial to you, but the truth is, it is a mistake
as it labels the
If you go to apply for a loan or credit-card it is likely you will
get denied. So, is there a solution for Identity Theft
victims and how can they repair the damage? First, it is of paramount inmortance to avoid
Identity Theft by protecting your Driver License & Social Security Card numbers, and other
determining information about yourself. However, if you are already in the credit
bureaus labeled under the Fraud Alert, then you may find yourself giving up.
Identities are stolen in a number of ways. The Internet is swarming with predators
waiting to mess up someone else's life. People may stand over your shoulder
peeking down at you while you are keying in your PIN number at the bank. You
might have been in a relationship and the person decides he/she owns you and
when you break up that person takes your identity. There are multiple ways that
your Identity can be stolen. The solution is then protecting your identity with
shields that no one can break through. If you are a victim of Identity Theft
then your identity needs to be protected more so than ever.
This sounds crazy
since someone already has your ID. You will need to stay alert to the activities
that affect your credit-report. It is determining that you keep updated copies of
your reports at all time. If you notice activity, immediately dispute the claims
against you. Be sure to file a police report since you will need these reports
to show the 3 bureaus and others that your identity has been stolen. Once you
receive the reports be sure to send copies to each credit-bureau so that the
companies can get you on record. The companies are going to put up a Freud Alert
once the copies are evaluated. Here is where you need to stay alert.
Freud Alerts, the companies can put up a FREEZE on your accounts. A Freeze gives
you the options that Freud Alerts won't. For example, if you go to a bank and
apply for a loan with a Freud Alert on your accounts, most likely you will be
turned down. However, if the banks see that you have a FREEZE on your accounts,
they will investigate and possibly give you the loan. Freeze means that someone
has affected your life by stealing your identity, while Freud means that someone
has committed a criminal act on your account, and that someone could very well
be you. You will also need to report any checks that you suspect were stolen.
Monitor your banking account at all times to insure that no out of place
activities are going on. It is determining that you alert your utility providers
and anyone that you have open accounts with.
If you have credit-cards report
them immediately to get replacements. You may even want to stop your current
bank account and open a new account. This will offer a source of protection. It
is also determining that you contact your Social Security Office to find out if
your Social Security has been used out of place. If actions have been listed on
your card, be sure to let the Social Security Administrators know. Making others
aware of what is going on in your life, can spare you additional headaches. You
are already a victim of criminal behaviors, why not take the steps to repair
your credit and restore your life. Lastly, you will need to contact Washington
C. or the Identity Theft Clearinghouse, Federal Trade Commissions and let them
know you are a victim of Identity Theft.