Thursday, November 13, 2014

It Is Not Always the Professional Identity Thief You Need Worry About



Many consumers are surprised and shocked when they apply for credit and the lender denies them credit due to negative information reporting on their credit report. It’s even more traumatic if they learn that the negative accounts are not even theirs! This is usually their first real introduction into the world of Identity Theft.

So many people are afraid to see what is on their credit report or perhaps convinced that their credit is in perfect shape. According to the Consumer Federation of America, 41% of consumers haven’t even pull their credit report. Too many consumers equate looking at their credit report like a journey to the dentist. They just don’t want to hear bad news. But acting like an ostrich doesn’t make things go away, and, it set you up for some unpleasant surprises.

There are three reasons to check your credit report AT LEAST once every year.
1.      Credit mistakes and data entry errors
The Federal Trade Commission did a study indicating that in excess of 40,000,000 consumers will have errors on their credit reports.
2.      Mixed Files
Due to the method that the credit bureaus compile your credit report, someone else’s credit information can easily be reporting on your credit report. The 13 bits of information they search for don’t even have to match exactly!
3.      Identity Theft
We have all heard of the damage professional identity thieves can do to you and the time, expense and effort it takes to fix you good name. But, there is another group of people that cause the bulk of Identity Theft…

It’s the people who are closest to you!
I know you love your mother, your father, your brother, your sister, your kids, your aunt, your uncle, your cousins, your niece, your nephew, your grandparents, your grandkids, and, your friend who stayed with you for three weeks last year. But these are the people closest to you. They know your name, your address, your date of birth and have easy access to your credit cards and social security number. Unfortunately, these are the ones that are most likely, when under-the-gun, will use your identity. In my credit repair practice, I see ten times the amount of Identity Theft by friends and relatives than I do from the profession thieves. This type of Identity Theft can be harder to correct.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

We ARE the experts in Credit Repair. Our founder, Daniel Sater, is a Nationally Recognized Credit Expert, Speaker & Author, and a Certified FICO Professional who also trains and coaches numerous Credit Repair Companies across the country and speaks at industry conferences. We are the people that other credit repair experts go to for answers.

With Credit Scoring Advisor you get personalized, not computerized service from someone who will fight for you to improve your credit profile. Dan handles every file personally to ensure the best results for our clients. You have continued access throughout our process to a recognized credit expert. Better Knowledge – Better Tactics – Better Results  
We would love to hear from you, give us a call, 631-392-8685  
Get my new e-book on Amazon  http://amzn.to/1eVnAFq