Information pertinent to financial services identity theft programs
Are these statements things that have occured to you?
- You find out from a collection agency that they are collecting a debt from you for an account you know nothing about.
- Certain item of mail you were expecting, such as credit card statements, ceases to arrive with you.
- You observe a few bits of your credit card statement that you know you did not purchase.
- You get a call, or maybe a letter, telling you that a credit rating has been given the go ahead, or not, about an account that is news to you.
Should this be the case with you, you could be in the middle of an identity theft situation!
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You should start doing this should identity theft be considered the answer is to check your credit report. It's possible to get a no-charge trial for thirty days and their web locatio is www.freecreditprofile.com with TrueCredit. Anything you have ever done requiring a credit check will show up in this report. And anything that involves identity theft and your name tied to a credit check can be seen by anyone here.
As soon as you think that identity theft is involved, you should immediately report your suspicions to the offices of fraud of the three major credit bureaus: TransUnion - 800-680-7289; Equifax - 800-525-6285; Experian - 888-397-3742. Ask each department to put a fraud alert on your credit file. This action will not immediately make the identity theft go away, but it should slow it down a lot.
You can also do the same with the Federal Trade Commission whose number is 877-438-4338, along with the US Postal Inspection Service whom you can get at 800-772-1213. If it is the case that check are being employed in a manner that is fraudulent, the following companies should be given a report: Check Rite - 800-766-2748; Chex System - 800-328-5121; CrossCheck - 800-522-1900; Equifax Telecredit - 800-437-5120; NPC - 800-526-5380; SCAN - 800-262-7771; as well as Tele-Check - 800-366-2425.
In addition to all that, the police should be given a report to hold on file, and identity theft should be named as the nature of the crime, in the area where the identity theft took place. Be certain to retain a copy of the report yourself in case anyone needs it as proof later on.
Both your time and your money will be wasted in cases of identity theft. But you can severely limit your liability if an immediate reaction to the crime is made. For instance, should the theft of your card be reported prior to the criminal making use of it, you can waive anything to do for the use of your credit card that is unapproved by you. Should it be the case that the thief manages to use the card first, you will face a liability of just $50 - and this applies and this applies in cases where the credit card is made use of to take out your entire monetary wealth using an automatic teller machine. All identity theft should therefore be subject to a report as soon as possible and remove the control of your life from the theif.
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