Identity theft occurs when someone obtains your sensitive personal information and uses it without your permission to commit fraud. Having your identity stolen can wreak havoc on your finances, and the best defense against it is to check your credit report at least once a year and make sure that every transaction listed there is yours. However, even if you do everything right by making sure you use Transparent credit repair companies, the damage may already be done, in which case you should take the following three steps to deal with the situation.
1) Contact your credit card companies
If you’ve been the victim of identity theft, the first step is to contact your credit card companies and let them know. This will help them keep an eye on your account and flag any suspicious activity. They may also be able to offer you some protection against future fraud.
2) Find out how much information was compromised
If you believe you are a victim of identity theft, the first step is to find out how much information was compromised. This may include your name, Social Security number, address, credit card number, or other personal information. To do this, you can review your credit report or contact the transparent credit repair companies where you have accounts.
3) Place a fraud alert on your credit reports
If you’ve been the victim of identity theft, the first step you should take is to place a fraud alert on your credit reports. This will notify creditors that they should take extra steps to verify your identity before extending credit in your name. To place a fraud alert, contact one of the three major credit bureaus: Equifax, Experian, or TransUnion.