New Visitor
Posts: 1
Registered: ‎07-16-2007

Stolen credit

I had my VISA number used to open a fraudulent PayPal account. My credit card balance had been zero, but the fraud charges increased the balance to $1,550. MyFico never notified me of the increase even though my alerts are set to alert me at a 25% increase. Why wasn't I alerted by this service I pay for?
Senior Contributor
Posts: 3,071
Registered: ‎05-17-2007

Re: Stolen credit

First. Open a dispute with your credit card company, as charges not mine.

Second. FREEZE THE CARD. Get a new credit card number from your CC company. Make sure they report a $0 bal before closing it.

Third. Open a dispute with, as charges not mine.

The alerts don't alert you until the balance shows up on your credit report. This can be as much as 30-60 days after the charges appear.
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