How to discover credit fraud before it has a negative impact on your credit. In its simplest form, credit fraud involves someone else's use of your credit to make purchases or cash advances. Though often damaging, such cases are normally stopped when you report your card as missing.
Easy things to do to avoid credit fraud. There are several ways for someone to get your credit card information. They may get it from the card itself, find it on receipts or monthly statements you've thrown away, steal it from your mailbox, or get it through an Internet- or telephone-based scam.
Six steps to follow if you think something is wrong with your credit report. Write to the Credit Reporting Agency that controls the inaccurate credit report to file a dispute.
What credit rights you have as a consumer. Your consumer rights regarding your credit file are ensured by several federal laws. In addition, state laws, which also apply.
Learn how credit scores are used and how they affect your financial well being. Credit scoring is a system creditors use to help determine whether to give you credit. For years, creditors have been using credit scoring systems to determine if you'd be a good risk for credit cards and auto loans.
