The Financial Impact of Identity Theft and How to Protect Yourself

The US Federal Trade Commission estimates that 3 million Americans have recently experienced the illegal use of their credit cards. In 2013, Javelin Research determined one incident of identity fraud takes place every three seconds, and fraud incidents increased by 1 million consumers with 21 billion dollars stolen. Identity theft occurs when a hacker or unauthorized person […]

Everything You Need to Know About the Upcoming Credit Reporting Changes

Recent pressure from the Consumer Financial Protection Bureau (CFPB) prompted the three major credit bureaus to adjust how the companies report data found in public records. Beginning in July 2017, Equifax, Experian, and TransUnion will no longer include tax liens and judgments unless they meet much stricter criteria than currently used. The move comes as […]

Identity Theft and Security: When Should a Credit File Freeze Be Used?

Identity theft is becoming more of a problem, with individuals, major companies and government agencies experiencing regular breaches. This creates a need for more vigilance from individuals to protect your data and identity. Too often victims of identity theft do not find out about the breach until an application for credit is submitted or a […]

The Complete Guide to Your Free Credit Report: Knowing Your Rights

The Fair Credit Reporting Act, otherwise known as FCRA, is a government agency that is designed to protect consumers by monitoring the accuracy and fairness of practices involving credit bureaus, medical record access, rental history data and other data collection companies. They also work to protect consumer privacy and reduce fraud. How Credit Agencies Work […]