Identity Theft! I Need Help – How To Raise Your Credit Score

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It’s a horrible thing that identity theft is the fastest growing crime in the United States. Its effect is far reaching with a reported 5% of US citizens 16 years and older reporting identity theft of some sort within the last two years. It is estimated that over 12 million people in the US are victims of this crime now or will be before 2014 is over. That is staggering. How people handle their finances determines how successful they will be in escaping being victimized by identity theft or whether they will need help improving credit score reporting that is impacted by the crime.

The federal government has a special interest in helping people with identity theft issues. It established the Identity Theft Assistance Center (ITAC) as a resource and help center. They give practical advice to victim or as prevention that may help improving credit score reports. There are Fair Credit Reporting Act regulations and Fair Debt Collection Practices Act mandates too that help monitor and protect consumer rights. Analyzing good habits to avoid having your information stolen have led to many people changing the way that they look at credit and privacy. One in four people who are hacked experience ramifications. It may take less than a day to deal with them, but up to six months of stress to get all problems resolved with your credit score and report with each credit bureau.

Which of these things do you do on a regular basis? Do you see how they may help improving credit score numbers?

– I pay my credit card (bank) to monitor my credit reports and alert me to changes

– Twice a year I order my free credit reports from Experian, Equifax, and TransUnion to see my credit history and my credit score.

– Responding to any alerts or notices about information leaks with banks or credit card companies includes extra precautions and vigilance about my accounts.

– If I see anything that is not my charge or any note that is false on my credit reports, I dispute it right then.

– No way do I toss my mail with any contact information on it. Dumpster divers can’t catch me.

– I don’t answer “yes” on a phone call with a stranger.

– I shred sensitive information.

– Social security information is something I guard fiercely and share only when absolutely necessary.

– I change computer passwords religiously and have invested in good firewalls and anti-virus protection.

Make protecting your credit a priority. It is how you are judged for loans, housing, and frequently it is a factor in who gets a great new job or not. So many people can see your credit score information and it isn’t a given that paying a group to monitor it will keep you safe. Identity thefts rose by around a million in numbers reported from 2012 to 2013. Escape the numbers game by watching your precious credit score carefully and by developing cautious habits like those listed above as measures to help improving credit score ranks.