| Credit Report Information Facts to Avoid Identity Theft | | | | A credit bureau report can be ordered at any credit |
| The time will come when you would need to borrow | | | | service company or at the credit bureau itself. It can |
| and take out a loan to finance certain projects such as | | | | also be obtained through the internet. Credit report |
| a car or a house. In order for lenders to give you your | | | | companies online are independent of each other. Thus, |
| loan, a credit report information will be one of the things | | | | the information included in one may vary in other |
| that can help them come up with a good decision. But | | | | companies. Some reports are easier to read, some |
| most of the time, unscrupulous people can use your | | | | are not. Therefore, if you want convenience, you must |
| credit report for their own purposes. So it is important | | | | select the company that have quality features. |
| for you to take control of your credit report information | | | | Another thing that you can do is to compare the |
| to avoid identity theft. | | | | reports or their samples. That way you can be |
| Errors can and may appear in your credit report | | | | assured of the result. |
| information. One of the reasons is mistaken identity. | | | | There are some facts that may not appear in your |
| Another person may have the same name as yours. | | | | credit report. Examples of these facts are medical |
| Another reason is identity theft. This is a serious | | | | information, debts contracted for more than seven |
| matter since another person has intentionally acquired | | | | years and notice of bankruptcy. In California, records |
| access to your personal information and may get | | | | of arrest, information, complaint and misdemeanor may |
| credits at your expense. According to the Federal | | | | be removed after seven years. However, under |
| Trade Commission, nearly 10 million people were | | | | federal laws, criminal conviction records will remain in |
| victimized by identity theft in the year 2002. | | | | the credit report information indefinitely. If the request is |
| Nowadays, it continues to increase. | | | | from a current or prospective employer, then the |
| If you are a victim of identity theft, you should get a | | | | marital status, race and age of the holder of the credit |
| copy of your credit bureau report from each of the | | | | bureau report may not be included in the report. |
| credit bureaus, which is free. When the alert reaches | | | | There are also some credit report information that can |
| the creditor, they will contact you to countercheck your | | | | be recorded even beyond the seven year deadline. |
| credit report information. In some States such as | | | | This includes a credit transaction that may involve |
| California, Louisiana and Texas, freezing of credit | | | | $150,000 or more; application for life insurance or credit |
| reports can be applied. | | | | of $150,000 or more; or job information involving a |
| A credit report is a report of a credit bureau on a | | | | salary of more than $75,000. |
| person's credit history. It is used by a lender to | | | | You have the right to access your credit bureau |
| determine if the credit applicant is worthy of any credit. | | | | report. The federal and state laws mandate this. To |
| This report is used credit card companies as well as | | | | obtain a copy of it, just write or call the credit reporting |
| landlords and other lending companies to profile a | | | | agencies or order online. You will be charged |
| person. A credit report contains the holder's vital | | | | depending on the State you're located. In California, the |
| information like birthday, address, phone numbers, | | | | rate is $9.50. On the other hand, in Colorado, Georgia, |
| Social Security number, manner of paying bills, | | | | Maine, Maryland, Massachusetts, New Jersey and |
| employment information and others. Some companies | | | | Vermont, they will not charge you a penny. |
| offer credit report information through an e-mail alert | | | | As a word of caution, check credit reports to avoid |
| notification when there are any alterations done with | | | | being defrauded and taken advantaged of. |
| the holder's credit bureau report. | | | | |