Credit Fraud Prevention – ID Theft Protection Service

John B asked:


I got a letter from a company their credit card database had been accessed illegally and that the credit card I used may be at risk for fraud. They recommended that I contact my bank to cancel the card I used to purchase one of their products online. I called my bank immediately and had the card canceled and had another one issued. Now a month laster I’m looking at my credit report and there is a derogatory mark on my credit report from my bank saying that the card was lost or stolen under 2 of the 3 credit reporting agency’s. .
Is this correct? Do I get penalized for reporting possible fraud to my credit card?

Ann

EMPEROR WEAVER asked:


How can I improve my Credit, I am a victim of credit fraud? I need to know how I can Improve my score it seems when your late paying a debt and you return to correct it Your score goes lower I wasn’t approved for a credit card. So what options do I have? Help is needed bad. Thanks in Advance!!!

Bernice

sk8dudewmu asked:


my dad and i have the same name. he allowed me to use his credit card to make a 5k charge while i was still living at home. i now live in another state and he now is threating to press charges. its been over a year and numerous payments have been made. Am i in legal trouble? our credit reports were also merged for awhile and i recieved credit offers in the mail at my new residence and opened a card not knowing that it was under his social. Again, numerous payments have been made. Can i be charged for fraud on that too?
how he found out about the other card was during us trying to straighten our credit reports out. the card has never been late its just he wants to get another house and it adds to his debt ratio

Daniel

warizac asked:

Learn how to protect yourself, visit my blog today ~It’s Free! identitylawresources.blogspot.com Do you hand out your credit card in restaurants or at gas stations ? Do you shred all your important documents before putting in the trash? Is a credit monitoring service all you need to protect your good name ? Here’s an example of how fast someone can make a copy of your credit card then download the information onto a blank credit card. The truth is that in today’s databased world and convenience drive consumer services 5 in 10 Americans will be victimized at least once in their lifetime — I donot claim ownership or exclusive rights of these videos which are posted under The Fair Use Exemption of Multimedia Materials Guidelines for General Consumer Education Purposes and does not nfringe upon original owners’ copyrights under Sec.107 –Limitations on exclusive rights and Fair use as follows Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work, including such use by reproduction in copies or phonorecords or by any other means specified by that section, for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom or teleclass use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors to be considered shall include – (1) the purpose and character of the use, including whether such use is …

Frances