QUOTE(jackcarter @ Mar 29 2013, 11:15 AM)
Whether regular checking credit report can prevent credit fraud?
Yes it does. Regularly checking your credit report
will always keep you informed about your transactions. It is also a way of checking if the transactions listed in it are accurate or not. Once you see a discrepancy, you should always treat it as a red flag and never as a coincidence and report it right away. This gives you the chance to instantly put your account on hold and request for a fraud alert which will disable the thief from making transactions using your name and credit. Regularly conducting a credit check is important but if you donít know what to do when there is an unauthorized transaction in your report, then you are essentially defeating the purpose of the credit check. Therefore, it is also necessary that you know how to deal with an unauthorized transaction in your report so you can effectively prevent credit fraud. Read this article, http://www.basearticles.com/Art/1141091/22...card-fraud.html
, it contains the steps you should follow when you suspect that you have been victimized by identity theft. Make sure that you learn them so that whenever you do come across a red flag on your report, you will be able to stop it even before it affects your name and credit rating.This post has been edited by joymali: May 3 2013, 12:43 PM