One piece of advice we often give top our debt management clients is to keep track of your credit report. You'd be forgiven for thinking that this is to monitor your debt management plan, or to see how your creditors view you, but there is a much more important reason to make sure you're up to date with your reports.
Credit card fraud, among other types is on the rise. Without wanting to sound like a Daily Mail columnist, there are instances where fraudsters have been able to take out credit in their victims names and run up large debts.
Keeping track of your credit reference file can highlight any irregularities, such as new debts, unauthorised credit checks etc.
It's not just debt management clients that can benefit from this though, with fraud being a potential problem for anyone.
Its not all doom and gloom though! You're credit file is available from the 3 main credit reference agencies - Experian, Equifax and CallCredit.
Experian also offer the 'CreditExpert' service, which is an extension of your credit report. The CreditExpert service offers free ID fraud alerts by text or email.
CreditExpert also has a section offering advice on your credit report and how to improve it. CreditExpert is a subscription based service, however they are currently running a 30-day free trial!
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