Friday’s Credit Tip #8: Look Out for Identity Theft
Many people, who are careful about their paying bills on time and having minimal debts, are shocked each year to find that they have low credit scores.
In many cases, this happens as a result of identity theft.
To prevent identity theft:
Always check your account statements carefully each month
Report any suspicious activity or any charges you don’t recognize at once.
Also check your credit report regularly and immediately investigate any new credit accounts you do not recognize
This is the best way of detecting and acting on identity theft.
Check back next Friday for another credit tip!
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