Credit Monitoring - Credit Reports and Bad Credit Assistance
Very few people find themselves without a few bad marks on their credit reports when applying for a business loan. How will it affect you? What is an identity theft? Your ID is unique, loosing of it means everything, be careful...
Your ID is unique, loosing of it means everything, be careful...
What is an identity theft?
Identity theft occurs when an individual steals another person's identity and impersonates that individual. By using basic personal information like name, address and social insurance number, identity thieves can open credit card accounts, lease or buy cars, rent apartments or even engage in criminal activity using the stolen name.
How can I avoid being a victim of identity theft?
You can limit the potential for fraud by remembering a few key tips:
When using your credit cards:
Carry only the identification and credit cards you need when traveling.
Do not carry your cards in your diary or chequebook
Sign your credit cards in permanent ink as soon as you receive them
When making a purchase, keep your cards in view at all times; ensure you take your card back as soon as a transaction swipe has been completed with your card
Do not sign a blank charge slip
Always save your receipts, never leave them behind
Avoid saying your account number a loud so that others can hear
Only provide your ID and credit card information over the phone to reputable companies when you have initiated the call
When anything that containe your ID is missing:
Without waisting of time inform the issuance authority
If your chequebook is lost or stolen, call your bank and inform them immediately
If your Social Insurance Card is lost or stolen, contact your employer or your local Human Resources Development (HRDC) office immediately
If your Driver's License is lost or stolen, contact your local driver and vehicle license issuing office and report it to your local police station
How to manage your credit and debit card statements?
Check your statements as soon as they arrive to ensure all charges gathered are correct
Keep statements in a safe place - they contain sensitive and personal information
When your credit or bank cards are lost or stolen:
Keep a list of the names, account numbers and expiration dates of all your cards in safe place (separate from your cards) to be used when alerting credit grantors about a lost or stolen card. Call all of your credit grantors immediately upon discovering your cards are missing. Most have 24 hour service numbers for this purpose. If you re-open the account, ensure they have your correct personal information.
Additionally, please call Equifax toll-free at 1-800-465-7166 or 514-493-2314 and a statement will be added to your file to alert credit grantors that you may be a victim of fraudulent activity. This may mean that the next time you apply for credit you will be questioned more thoroughly as a precautionary measure. The credit grantor wants to make sure that you are, in fact, the person you say you are.
What can I do if I suspect I am a victim of identity theft or froud?
By accessing your Equifax Credit Report on a regular basis, you can check to see if there have been changes to your report that you are unaware of. Check your Equifax Credit Report on a regular basis to determine if there are any changes.
Moreover, if you feel that you are a victim of credit/identity fraud immediately contact Northern Credit Bureaus at firstname.lastname@example.org. An ALERT will then be placed on your credit report telling creditors that there was an incidence of credit/identity fraud. You should also contact Human Resources Development Canada (HRDC) in the case of identity fraud. Contact your local police department if you find out someone is using your identity or credit cards.