Fix Your Credit after Identity Theft
For the most part, technology is a universally beneficial entity. Advances have changed the faces of communication, science, and information. On the opposite end of the spectrum, confidentiality has become more difficult to safeguard. In a world where information is a click away, identity theft has plagued the lives of thousands. If you are a victim, learning how to fix your credit is the first step in overcoming this trial. Follow the steps below to fight for your financial privacy.
- 1.Â Â Â File a police report.
- Call your lenders.
- Dispute fraudulent accounts.
- Activate a fraud alert.
- Follow up.
Learning how to fix your credit is not an intuitive process, especially after identity theft. Minimize the damage by keeping detailed financial records and informing the necessary parties. While injustice may sometimes be unavoidable, donâ€™t let this one consume your future.
For more information on how you can help your credit score, call the professionals at Vitesse Financial for your free consultation today. Call toll free at 866.407.9110.
Posted in Bad Credit or No Credit, Bankruptcy, Budget, Credit Repair Mistakes, Credit Repair Professional, Credit Repair Services, Identity Theft, Interest-Only Loans, The Credit Market, Understanding Your FICO Score
Tagged Bad Credit, bad credit repair, Bankruptcy, Bankruptcy and foreclosure credit repair, bankruptcy credit repair, Budget, Building Credit, credit history, credit management, Credit Repair Business, Credit Repair Companies, Credit Repair Consultant, credit repair foreclosure, Credit Repair Mistakes, Credit Repair Professional, Increase your credit score, service
Bankruptcy could keep you from getting new loans
Bankruptcy directly impacts your credit score, and your credit score impacts your ability to qualify for any loan, including a car loan. For example, the next time you plan to purchase a car, a lower credit score could cause you to either pay a much higher interest rate which can radically increase the overall cost of the purchase. Credit repair after bankruptcy may be one solution towards getting you back on track with your credit reports.
Your car insurance premiums can increase because of a bankruptcy
Insurance companies look at your credit history to determine what kind of a risk you present to them. Your premiums are based on that risk. Just as a series of car accidents makes you a risky person to insure, filing for bankruptcy makes you look riskier regarding whether or not youâ€™ll actually pay your bills on time which can directly impact your rates.
For more helpful tips and tricks contact Vitesse Financial today. Vitesse has over 15 years of experience, and by calling today you qualify for a FREE financial consultation from a Vitesse Credit Professional. Call 866.407.9110 TODAY!
Posted in Bad Credit or No Credit, Bankruptcy, Co-signing, Late Payments, The Credit Market, Validate the Debt
Tagged Bankruptcy, Bankruptcy and foreclosure credit repair, Budget, Credit Cards, Credit Repair Consultant, Credit Repair Professional, Rebuilding Credit