Many Americans can't get out of debt and they run into credit problems; some even file for bankruptcy.The reason it is so easy to use a credit card is that...People were using his method number one to add users to anyone with a strong credit history to get the score boost. Said another way, you send in your dispute on August 1, the company doesn’t need to update your score immediately when they get the dispute. Scenario: Aug 1, you mail the dispute, Sept 1, they remove the item because they haven’t heard back.FICO ’08 now checks the likelihood it’s an honest auth. Sept 16th, they get verification of the account, so they add it back in.
You won't know a thing about it until the credit card company tracks you down and demands payment for the purchases. The terrifying picture about it is that people rarely look at their credit card statement. Identity theft is one of the most pervasive and rapidly growing criminal activities in America.
All readers are invited to post comments responsibly.
Any messages with foul language or inciting hatred will be deleted.
It will identify various ways in which your identity is stolen and ways which you can safeguard yourself from being victimized.
I will also report what the Department of Justice is doing and the penalties associated with these crimes.