Credit Reporting Agencies Fraud Alert - Beyond Your Report And Rating

July 5, 2010 - PRLog -- Anywhere you go whether online or on the street, identity theft is possible in the most unlikely of places. Having safeguards in place such as credit reporting agencies fraud alert which goes beyond your report and rating to protect you should be considered.

Aurora Lillo Editor of the "Best Credit Reporting Services" website -- http://www.BestCreditReportServices.com -- pointed out;


“...Identity theft can be devastating to your financial well-being as most of the criminals who commit this crime seek to gain access to your credit through various means and use it to their advantage. Often before you realize anything has occurred you are left with a huge bill that you can’t prove you didn’t make which makes it harder for you to get credit in your name in the future. Thankfully however the credit bureaus have created the fraud alert for consumers who want that extra measure of protection for their credit...”

You can sign up for fraud alert through the credit bureaus directly. You will only have to contact one of the major bureaus who will then forward your request for a fraud alert to the others. So in essence you will only have to do it one time with one reporting agency. You will receive confirmation of your alert from the bureaus and you can renew it after the 90 day period. Be sure to keep up with your renewals each time as the protection is limited to this period of time and you need to contact the reporting agency to let them know you wish to continue with the program.

What the bureaus will do with this alert is require you or anyone who may have illegal access to your information to confirm their identity through providing picture identification or their social security number. There are also a number of other methods they will use to determine your identity. It can be inconvenient when you want to apply for credit because you will also have to go through the process established to protect your account.

“...Safeguarding your financial information is of great importance in today’s world. You and your family’s future depend on it. Making it difficult for identity thieves to steal your information and use it is one of the smartest moves one could make. You can contact the reporting agencies through their website or by phone. One should not delay in getting the protection they need; you never know when you may be a victim of identity theft...” added A. Lillo.

Further information about how to get a detailed credit report including scores and as often as you want by visiting; http://www.BestCreditReportServices.com