Archive for May, 2012
Most people quickly pay off their bills when they get them. This is a good habit to have because it eliminates the chance that you’ll forget to pay it later. Unpaid and late bills can be detrimental to your credit.
However, before you write that check or submit an online payment, take some time to thoroughly examine all the charges. There may be erroneous or fraudulent charges. Mistakes do happen and identity thieves do exists in this world. Surveying each bill to ensure the accuracy of all charges can save you from a world of headaches.
Large amounts owed are easy to spot and recognize. Small amounts might be more challenging to recall. It’s these small charges that you need to pay closer attention too. Identity thieves are increasingly using small unauthorized charges that are spread across multiple stolen identities to accumulate wealth. Makes sense right? These charges are often passed on by.
When you’re looking through your bills, be sure all transactions are accounted for. If there’s an unfamiliar charge, investigate further. When the issue cannot be resolved, it’s time to start worrying. Immediate action needs to be taken. Dispute the transaction with the credit bureau, credit card company or bank.
A credit monitoring service can facilitate in this matter. So can identity theft protection services. You can let others actively monitor your credit and identity while you rest in peace.