Comments on: What You Should Know About Your Credit Report http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/ Wise Choices. Improved Finances. A Better Life. Sun, 07 Sep 2008 13:14:53 +0000 http://wordpress.org/?v=2.6 By: Links for Super-Charged Living - Feb 9, 2008 - My Super-Charged Life http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-277 Links for Super-Charged Living - Feb 9, 2008 - My Super-Charged Life Sat, 09 Feb 2008 17:25:48 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-277 [...] Financially Wise What You Should Know About Your Credit Report [...] [...] Financially wise What You Should Know About Your Credit Report [...]

]]> By: Ron http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-251 Ron Fri, 08 Feb 2008 00:11:02 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-251 @Mike Wow. Twice is too much. I bet that was a serious drain on you. I hate to hear that you had to go through that. I bet you've learned a great deal through it though. We all need to be more vigilant with two things: our time and our reputation. Identity theft hurts both of those. @Mike
Wow. Twice is too much. I bet that was a serious drain on you. I hate to hear that you had to go through that. I bet you’ve learned a great deal through it though. We all need to be more vigilant with two things: our time and our reputation. Identity theft hurts both of those.

]]> By: Mike http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-240 Mike Thu, 07 Feb 2008 13:14:31 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-240 Yep, twice, Ron. The first time grew out of being robbed, I think. Police never caught the robbers, but a few months later I got a call from a Sheriff hundreds of miles away who'd arrested someone who had a driver's licence, checking account, and credit card in my name. He'd been arrested on another charge, they couldn't link him back to robbing my house, and the sheriff said that he couldn't do anything about the credit/identity fraud. He said that he was just calling me as a "courtesy"--then he added that I'd have to do all of the work in tracking just what this guy did. As it turned out, he hadn't done much. Amazingly, he'd only gotten the checking account and credit card the day before, and he hadn't used any of the $10,000 credit line on it. At least in the state I was in then, that left nothing to prosecute. On my second round, I suspect that someone double-swiped my credit card on a business trip in Toronto. Shortly after I returned, my credit card company called me about buying $12,000 worth of computer equipment and software ... in Spain! It was pretty easy to prove that I had not been in Spain. Even easier, it was my CitiBank card, and they handled the whole thing. Yep, twice, Ron. The first time grew out of being robbed, I think. Police never caught the robbers, but a few months later I got a call from a Sheriff hundreds of miles away who’d arrested someone who had a driver’s licence, checking account, and credit card in my name. He’d been arrested on another charge, they couldn’t link him back to robbing my house, and the sheriff said that he couldn’t do anything about the credit/identity fraud. He said that he was just calling me as a “courtesy”–then he added that I’d have to do all of the work in tracking just what this guy did. As it turned out, he hadn’t done much. Amazingly, he’d only gotten the checking account and credit card the day before, and he hadn’t used any of the $10,000 credit line on it. At least in the state I was in then, that left nothing to prosecute.

On my second round, I suspect that someone double-swiped my credit card on a business trip in Toronto. Shortly after I returned, my credit card company called me about buying $12,000 worth of computer equipment and software … in Spain! It was pretty easy to prove that I had not been in Spain. Even easier, it was my CitiBank card, and they handled the whole thing.

]]> By: Ron http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-234 Ron Thu, 07 Feb 2008 00:47:35 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-234 @Mike Thanks. Twice? I was a victim once and that was enough. I did the same things as you but I also signed up for credit monitoring throught Equifax. I did buy a car some time after that and it was a hassle. Did you prosecute? @Mike
Thanks.
Twice? I was a victim once and that was enough. I did the same things as you but I also signed up for credit monitoring throught Equifax. I did buy a car some time after that and it was a hassle.

Did you prosecute?

]]> By: Mike http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-233 Mike Wed, 06 Feb 2008 19:21:26 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-233 Ron: This makes a great document to keep. So we can all keep our reports in better shape. As a bit of an aside, I've been the victim of credit fraud twice. That always makes for some "fun" work on your credit report! On my first round, I was advised to put a security flag on my accounts at the Big 3 reporting agencies, requiring that I be notified before anyone could get credit under my name. That was easy, just a phone call to each. Then, I moved and got rejected for utilities. It turned out that the utility companies wouldn't go to the trouble to get around the security flags, so they just rejected me instead. Although turning on the security flags was easy, it took me weeks to get them turned off, so that I could actually get little things like electricity. That's just one "fun" side of credit fraud! Ron: This makes a great document to keep. So we can all keep our reports in better shape.

As a bit of an aside, I’ve been the victim of credit fraud twice. That always makes for some “fun” work on your credit report! On my first round, I was advised to put a security flag on my accounts at the Big 3 reporting agencies, requiring that I be notified before anyone could get credit under my name. That was easy, just a phone call to each. Then, I moved and got rejected for utilities. It turned out that the utility companies wouldn’t go to the trouble to get around the security flags, so they just rejected me instead. Although turning on the security flags was easy, it took me weeks to get them turned off, so that I could actually get little things like electricity.

That’s just one “fun” side of credit fraud!

]]> By: Ron http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-231 Ron Wed, 06 Feb 2008 15:46:34 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-231 @Angie Just make sure you pull your credit report and insist that any inaccurate entries are removed. Thanks for commenting. @Jeff Every time I pull mine (8-12 times/year) it seems like there's something on there that makes me say, "Hold on a minute, what's THAT?" Love your new site Jeff. It looks GREAT! @Angie
Just make sure you pull your credit report and insist that any inaccurate entries are removed. Thanks for commenting.

@Jeff
Every time I pull mine (8-12 times/year) it seems like there’s something on there that makes me say, “Hold on a minute, what’s THAT?”

Love your new site Jeff. It looks GREAT!

]]> By: Jeff@My Super-Charged Life http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-229 Jeff@My Super-Charged Life Wed, 06 Feb 2008 14:02:25 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-229 I agree that you have to be proactive in managing your credit history. I have pulled a credit report on myself before and found things that surprised me. Based on my experience, I think these are excellent tips that everyone should heed. I am personally going to avoid using credit in the future, but I still don't want inaccuracies on my credit history. These reports are used in all kinds of ways that most people may not even know about. I agree that you have to be proactive in managing your credit history. I have pulled a credit report on myself before and found things that surprised me. Based on my experience, I think these are excellent tips that everyone should heed. I am personally going to avoid using credit in the future, but I still don’t want inaccuracies on my credit history. These reports are used in all kinds of ways that most people may not even know about.

]]> By: angie http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-228 angie Wed, 06 Feb 2008 11:45:07 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-228 i got 7 right. didn't know about the merged credit or diffrent ways to score it or that you could erase the wrong stuff on it. thanks for posting this about what you did. i may try that. i want to by a house in a few years and want my credit report to help me get a better rate. i got 7 right. didn’t know about the merged credit or diffrent ways to score it or that you could erase the wrong stuff on it. thanks for posting this about what you did. i may try that. i want to by a house in a few years and want my credit report to help me get a better rate.

]]> By: » What You Should Know About Your Credit Report http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-226 » What You Should Know About Your Credit Report Wed, 06 Feb 2008 09:31:10 +0000 http://www.thewisdomjournal.com/Blog/what-you-should-know-about-your-credit-report/#comment-226 [...] Read the rest of this great post here [...] [...] Read the rest of this great post here [...]

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