For many people checking your credit only comes at times when you need to purchase some or apply for a new credit card. At times you may get approved then there may be times when you may get a counter offer due to your credit history. This is all too familiar of a story that we continue to hear after being in the credit industry for over 30 years.
Now with the new credit reporting laws it is even more important to check your credit more than once per year. The fact that something can show up on your credit report without your knowledge can almost be unfair.
This is why many people constantly opt-in for credit monitoring services that will typically alert you if something frivolous shows up out of thin air.
Fraud is a huge market for thieves, just going to a bank or local gas station to try to get the money the old fashion way is just way to risky for the new modern criminals. The newest yet oldest trend to the internet market is stealing account information via hacking.
When someone dips into all of your personal data, your credit report is the gold that they are looking for.
The credit report and score is often sold to other thieves in hopes they can get the highest price for the highest credit score. With this in mind you need to actually protect not only your personal credit information but also your identity.
We like to recommend that most people check their credit every 90 days or at least place and email alert anytime a credit check is placed on your account. Some people go as far as placing a lock on their credit bureaus from Equifax, Experian, and Trans Union.
Some other countries due have other credit agencies yet we keep in mind that this is a global trend not only in one particular country like the United States.
Protecting your information at times can be challenging due to us living in a modern digital age where we keep most of our personal records back-up on some hard drive or some online file system.
While it’s important to change your passwords daily, it is even more important to have a backup plan incase this information is compromised. Calling the authorities of having valid documents signed by a notary of public can help expedite the situation to the right law enforcement agencies when something of this nature happens.
You can at times look into hiring a credit attorney if these items are on your credit to help get them removed. We like to use Lexington law. Lexington law is supported by a team of attorney’s that can usually get bad items removed in case this happens to you.
Yes, this service is NOT free however they are reasonable if you see your credit and personal data being of great important to your present and future financial future.
Being that couples frequently share personal and bank information regularly, please keep in mind that it is up most important that you try to even keep your credit report and your social security number to yourself especially if the relationship seems a little bumpy or not as solid as you would like, trust can at times bite you at the wrong time.