Margins and Paddings Update

The Information Age transformed our way of life.  It gives us new ways to communicate, have instant access to resources and the power to share information freely. Unfortunately, the luxuries of this new age pose unique threats to consumers that were inconceivable in years past. It opens doors for thieves to capitalize on unsuspecting and innocent consumers.  Fraud and identity theft is a booming business. Fraud and identity theft are important concerns for people today. Understanding the tools available to help you prevent fraud and recover from it can help you reduce concerns about your personal information being compromised. Experian understands its responsibility to educate consumers and develop resources that help consumers protect their information and take the necessary steps to resolve a crime against you. Two options available for identity theft victims to protect their credit are fraud alerts and security freezes. It is important to note that security freezes are an extreme measure. If you are planning to apply for credit or other services such as cellular telephone, rent, or utilities in the near future freezing your credit may not be advisable.

More than 20 years ago, Experian became the first credit bureau to create a consumer education program. We started the program because we wanted to arm consumers with the right information and resources to help them understand the fundamentals of credit management and the benefits of having good credit. Good credit provides attractive mortgage options, better interest rates on cars, and the ability to start a new business venture. A credit score is checked when you are shopping for these types of loans. A credit score turns credit report information into a number reflecting the risk of lending to you. Regularly checking your credit report ensures the most accurate depiction of your credit history to these lenders. An error in your credit file can potentially affect your credit score or can delay the process of securing the loan or obtaining the best interest rates. Should you find an error in your credit report, please follow the steps below or check out this video to help you in the dispute process. Be sure to have a current copy of your Experian credit report before you begin. For instructions on how to check your credit report, please click here.

Getting a copy of your credit report is the easiest first step to take control of your finances. A personal credit report contains details about your financial behavior and identification information. It is an easy-to-read summary of your credit accounts and total debt—both existing balances and available limits. Under federal law you are entitled to a copy of your credit report every twelve months. To obtain your credit report go to www.annualcreditreport.com. Check out this video and guide below with step by step instructions on how to check your credit report.