Reply
New Visitor
shopgirl
Posts: 1
Registered: ‎07-16-2007
0

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
ilovepizza
Posts: 3,071
Registered: ‎05-17-2007
0

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 PayPal.com, 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.
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}