One of the most difficult – and perhaps disturbing – moments is learning that someone has opened a credit card – or several credit cards – on their own behalf, maxed them out, and left their credit history in order.
8 Steps About Scamming Computer
Unfortunately, many people do not find out about fake accounts until they try to apply for a credit card or loan and are deducted due to an outstanding balance for an account they did not know they had.
If you learn that someone has opened a credit card in your name without your permission, follow these steps to clear your account and credit history.
Contact the Fraud Division
Find out the name of the credit card issuer for the unauthorized account. Contact your fraud department to close your account. Use a number from your credit card company website – not one you received via spam or phone call. Let your credit card company know that your account is not yours. The credit card issuer may ask for additional evidence, such as a police report or a certificate of identity theft.
Beware of any phone call you receive from your credit card’s “fraud department”. This could be a scammer trying to delay you from giving up personal information that they can use to commit fraud.
Record your liability for false fees
You are not responsible for any unauthorized charges. If someone opens a credit card in your name without your permission, you are not responsible for the fees on the card.
But you must take action to make sure that you are not responsible. Report the fraud in a timely manner and provide any evidence to the credit card company.
Check your credit report to catch any other scams
There can be more than one fraudulent account you don’t know. Check your credit reports at all three major credit bureaus – Equifax, Experian and TransUnion – check for any other account that may be opened on your behalf.
You do not have to pay a credit report if you are looking for fraud cases. You are entitled to a free copy of your credit report if you are a victim of identity theft.
Fill in the ID theft ID
The ID Theft Verification Form is voluntary, but it can help you recover fraudulent accounts quickly from your credit report. You will also need a form if you opt for a comprehensive alert on your credit application (seven-year fraud alert versus a 90-day initial prudent fraud). You can attach a written theft statement to your local police force to assist with your police report.
File a police report
If you know who opened these accounts, you can prosecute that person. Even if you cannot confirm who opened the fake account, you still need to file a police report. A police report will be critical of closing accounts and removing them from your credit report.
Controversially collect an account with each credit bureau
Send a copy of your police report and ID certificate to the bureaus as proof that the fake bills are not yours. Without these documents, credit bureaus may not remove fraudulent accounts from your credit report, though they are not actually yours.
Please confirm that these accounts have been removed from your credit report. Credit bureaus should automatically submit a free credit report whenever a dispute in your credit report results in a change in your credit report. When you receive your credit report, review it again to make sure the fraudulent accounts are removed. Repeat the dispute process if the accounts have not been removed from your credit report.
You are allowed to file a lawsuit against a credit bureau that does not remove incorrect information from your credit report. In July 2013, Equifax lost a $ 18.6 million lawsuit over its failure to remove incorrect information from a woman’s credit report despite eight disputes.
Consider extra credit protection
You can add a fraud alert or a security freeze in your credit report to protect your credit from future attacks.
Fraud Notice informs anyone who checks your credit application that it should take additional steps to confirm that you are applying for a loan. Then it’s up to you to make sure that the person seeking the loan is actually you. With the security freeze, your credit report is locked and the business cannot check at all unless you first unlock it.
Ongoing monitoring of your loan – ordering free credit reports through AnnualCreditReport.com – is essential to capturing and deleting phishing cases before they create inconvenience such as preventing you from buying a new home or car.