| If you are one of those who do not check their credit | | | | statement. It is used to notify your creditors that you |
| report frequently, then you may be in for a nasty | | | | have been prey to a scam and that is why the |
| surprise. Most credit frauds and scams take place | | | | information is showing up on your credit report. There |
| when you are not keeping a track of your report. In | | | | would be a 90 day security alert period on the report |
| fact, if you do not check it immediately and if you | | | | which will allow you to further investigate the scam. |
| spend more time not noticing the fraud, things could | | | | You should also immediately contact the creditors and |
| only get worse. An annual credit report is free and | | | | debtors and inform them about the scam. In case the |
| every person should go through it. It is given to the | | | | scammer is still using your account, the creditors and |
| consumers so that they can go through and check | | | | lenders would know what action to take. However, |
| whether the information is correct and also dispute any | | | | always make notes of all the contacts to whom you |
| wrong or incorrect information. This is the only way to | | | | have voluntarily given permission to handle your credit |
| prevent fraudulent activities from coming on to your | | | | report at any given point of time. Also, once you inform |
| account. | | | | the creditors and lenders about the scam they will |
| If, unfortunately, you have been the victim of a credit | | | | start treating your account differently and you should |
| fraud, then you have something called the victim | | | | be prepared for that. |