We frequently see advertisements about identity theft protection. One highly recommended company, LifeLock, places fraud alerts on your and your family's credit records immediately after enrollment as its first step in protection of your ID.
Does a fraud alert affect credit score? What effects does a fraud alert have on one's credit, if any?
I haven't had any problem - other than the credit provider asking if I'd placed a fraud alert on my account - getting credit and don't know if the alert has caused havoc elsewhere. I'd be interested to find out more about the relationship between FICO scores and fraud alerts.
