You can take advantage of a variety of financial opportunities with good credit. In spite of your financial stability, if you have bad credit, you may still miss out on many opportunities that require checking your credit history. It's possible to have a speckled credit history for a variety of reasons, but many people with bad credit have also been victims of identity theft. 

Using your identity to access money without paying it back is one way someone can cause your credit score to plummet when they steal your identity. There are many financial setbacks that can result from identity theft, and it isn't easy to overcome them. If you have experienced identity theft, you can repair your credit. Consult the debt settlement lawyers at Thelivelead.com about their credit error program to learn more about your options for credit repair. Check Credit Repair Live Transfers Here.

Identify and document fraud on your accounts

Document all instances of fraudulent charges and accounts as you move forward, including your credit activity. As soon as you are ready to dispute the fraudulent activity, you will be able to refer to this log of fraudulent activity. Identity theft can be detected before it escalates by regularly checking your credit report and credit activity.

Make a report to the police and the Federal Trade Commission if you've been a victim of identity theft

To have an official record of your identity theft, you should file an identity theft report or a police report. A Federal Trade Commission (FTC) website allows you to report identity theft by visiting IdentityTheft.gov. 

If your creditor believes you have been the victim of identity theft, they may require you to file an identity theft report with the police and inform them of the information. The details of your interaction with the authorities should be documented if you are not able to obtain an official report. Disclosing fraudulent charges early is less likely to cause problems with your lender.

Dispute the fraudulent charges with the credit reporting agencies

Ensure you have a log of your credit activity and make note of any fraudulent activity that may have taken place in your name. If you want to repair your credit, you should inform the credit reporting agencies about all the fraudulent accounts and charges you've made. Please send this information along with a copy of the police report and the FTC identity theft report to the agencies. When a dispute is received by a credit bureau, it must be resolved within 30 days. It may be possible to take legal action against them if 30 days have passed without a response. 

Thelivelead.com can help you repair your credit

Make sure your credit isn't ruined by identity theft. Credit reporting agencies must investigate any suspicious activity on your credit report that you dispute under the Fair Credit Reporting Act (FCRA). If the issue has not been resolved after 30 days, contact a law firm that handles credit repair cases. 

Thelivelead.com has resolved many credit reports and identity theft cases. With our knowledge of the FCRA, we can address your credit errors effectively. Don't hesitate to contact us if you have any questions about our free credit repair service.