Identity Theft What To Do | The Definitive Guide
How To Use This Guide:
The more our lives move fully online, the more opportunities will exist for identity theft.
See our page by our Georgia identity theft lawyer.
If you understand the concepts in this book, you won’t have a problem when it appears on your credit report as an unpaid bill that you don't recognize.
By understanding the steps in this guide, you will either have a clean report or you will have the opportunity to file a legal claim against the business and credit bureaus for damages and make them pay for your lawyer directly.
Most people contemplate not doing anything. Trust me, that’s the wrong direction. The economic effect it has on you is bigger than you think.
It Does Take Some Basic Action
Many people think they can wait it out or that it will just go away.
It will not. In fact, I would contend that if someone stole your identity, they will continue to open bad accounts for you until you have no available credit. When the day comes that you do have more credit, they will attempt to take it again.
Therefore, you MUST take action under the Fair Credit Reporting Act.
In this guide, I hope to help you find identify identity theft accounts and the steps you must take to force their hand to fix it. Then, we will review how to properly read the results to see if they’ve removed the bad account. Finally, we will cover your rights and what to do if they refuse to remove the account that you say is not yours.
Bonus: I’ve included a section stopping collection calls.
Finally, I’ve included some example identity theft dispute templates and forms to use to send into the credit bureaus and the other businesses.
Let’s do this.
THE PROBLEM AHEAD
The problem is simple, and you already know it: the credit reporting system doesn't always work.
You have an account on your credit report that’s not yours. You may or not have taken some steps before today. That’s great.
However, if you are reading this, it is because they didn’t fix the problem, haven’t fixed it yet or you’re not sure what to do.
Why won’t they fix it sometimes?
Is it that: They don’t take much time reviewing your file? That they don’t review all of the information?
That they don’t believe you? It’s cheaper to not believe you? It’s highly unlikely you would learn the law on this? The odds are in their favor that you just quit and go away? Is it all of the above?
Regardless of why they didn’t fix it, you must understand that there are rules. There is a law that can help you, but you have to take very specific steps or it doesn’t work.
The law is the Fair Credit Reporting Acting. We will show you those steps in this book to force everyone’s hand to finally listen to you and remove the bad accounts.
What's the Best Way to Get Your Credit Report/Disclosure?
We need to pull your credit to get all of the information we need. To pull your credit, here is the best way: by mail. You want to get the FULL report which is actually not called a credit report. It's called a credit disclosure. That's what you really want. If you want to go more in depth, we wrote an article here called, "How to get your credit report".
Step 1 - Review the steps
You will want to take action, but get a good lay of the land. When you are ready, begin.
See our article on how to pull your credit reports.
Step 2 - Draft Your Disputes
We have done most of the heavy lifting by giving you some basic templates to start with.