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fraud alert

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Anonymous
Not applicable

fraud alert

Today I recieved a letter from the Department of Education stating that my personal information (name, social security number and birthdate) had been compromised/lost.The letter stated that they had no reason to believe at this time that my information was being misused, just compromised. It recomended that I Place a fraud alet on my credit report. what are the cons to doing this? If I place a fraud alert is it going to give me trouble when applying for a mortgage or credit? Really not sure what to do..........

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2 REPLIES 2
Anonymous
Not applicable

Re: fraud alert

When a fraud alert is placed on your CRs (each CRA) no one can access your CRs without your OK.

 

DH has had one for the last 2 1/2 years and he has to notify the CRAs if he applies for any credit.

Message 2 of 3
andyaycw
Frequent Contributor

Re: fraud alert

What additional information is needed in order to open an account (mortgage, checking, credit cards, etc.) with a fraud alert on the CRAs?

Starting Score: EQ 773, TU 766
Current Score (2/25/2017): EX 813, EQ 823, TU 818
Goal Score: 800


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