Credit Score of 800: Credit Habits Of Those With An Excellent Credit Score

credit score of 800

Ever wonder what it would take to have a credit score of 800 or more?

People with a credit score of 800 or more – people we call FICO high achievers – have excellent credit habits that we can all learn from. In this post we’ll share 18 of these high achieving credit habits that will get you on the path to credit repair. Below, we’ve broken these habits down by the categories that make up your FICO score.

Payment History

Payment history accounts for 35% of your FICO score and is comprised of the following:

  • Number of late payments, how late, how much was owed
  • Frequency and recency of lates
  • Number of accounts where you are ‘paid as agreed’
  • Number of accounts which have past-due and the amount past-due
  • Public records or collections

People with a credit score of 800 or more demonstrate the following payment history habits:

  • About 96% have no missed payments at all. But of those who do, the missed payment happened nearly 4 years ago, on average
  • Virtually none have a 60 days late payment or worse listed on their credit report
  • Have an average of 6 open accounts currently being paid as agreed
  • Virtually none have any amounts past due
  • None have a public record or collection

Amounts Owed

Amounts owed accounts for 30% of your FICO score and is made up of the following components:

  • Your aggregate debt
  • Amounts owed on all credit cards and all installment
  • Number of accounts with balances
  • Proportion of credit lines being used (keep balance / credit limit low)
  • How much of installment loans are still owed vs. original loan amounts
  • Whether there is a balance on credit card accounts

FICO high achievers with a credit score of 800 or more have the following credit habits on amounts owed:

  • Revolving – the average ratio of balances / credit limit is less than 6%
  • They owe less than $3500 on their revolving accounts
  • Have an average of 3 credit accounts (of all types) carrying a balance
  • Installment – have paid down on average 35% of the original amount of the loan, in addition the average they usually owe less than $1200 on their non-mortgage accounts

Length of Credit History

The length of your credit history accounts for 15% of your FICO score and is made up of the following elements:

  • How long accounts have been established; oldest account, average age of accounts, average age of open accounts
  • How long specific types of accounts have been open
  • Time since account activity (revolving)

People with an 800 credit score have a lengthy credit history:

  • Opened their oldest account 25 years ago
  • Have an average age of accounts of 11 years or more
  • Have recent credit card activity

Mix Of Credit In Use

Types of credit typically accounts for 10% of your FICO score and looks at what types of accounts you have, as well as how many of each type you have.

FICO high achievers with a credit score of 800 or more typically have:

  • Average of 4 to 5 credit cards (open and closed)
  • Have an open mortgage account
  • No finance companies
  • Have had an auto loan

New Credit

The final 10% of your FICO score looks at new credit.

  • Number of recently opened accounts
  • Time since recent account openings
  • Number and recency of hard inquiries

People with a credit score of 800 or more typically have these new credit behaviors:

  • 72% did not apply for credit in the past year. Of those that did, about 20% applied for credit just once
  • Opened their most recent account 27 months ago, on average

No matter what your situation, Go Clean Credit has a solution. We have many credit repair programs that are available to help you overcome your credit situation and place you back on the path to financial success. Real credit restoration is not a once size fits all model and we tailor your needs to the right program, but most people can start for just $99 per month.

We have fixed price programs that get you back on track in as little as 5 months, debt resolution solutions, programs geared toward people who have had recent short sales or foreclosures and many others. Help is just a free phone call away or you can fill out an appointment request. Contact Go Clean Credit to schedule a free consultation today.

How Long Do Derogatory Items Stay On Your Credit Report?

derogatory items on credit report

Every derogatory item has different reporting lengths for your credit report. In this post we’ll cover how long derogatory items stay on your credit report, including these derogatory items:

  • Bankruptcy
  • Tax Lien
  • Judgement
  • Foreclosure or Repossession
  • Charge-offs
  • Collections
  • Late Pays
  • Inquiries
  • Closed Accounts

Here is how long derogatory items stay on your credit report:

Bankruptcy

A bankruptcy is a public record that lists the date filed and date discharged. Accounts included on your credit report will show as BK accounts.

How long a bankruptcy reports on your credit report: 10 years from the date field for Chapter 7 bankruptcy, Chapter 11 bankruptcy or Chapter 12 bankruptcy. 7 years for Chapter 13 bankruptcy and 7 years for BK accounts.

Tax Lien

A tax lien is a public record relating to your state or federal taxes. Tax liens can stay on your credit report longer than any other type of derogatory item.

How long a tax lien reports on your credit report: 7 years from the date paid. There is no maximum time for unpaid tax liens.

Judgment

A judgment is a public record relating to a decision made by the courts that was filed or awarded.

How long a judgment reports on your credit report: 7 years from the date filed.

Foreclosure / Repossession

A repossession is when a creditor takes back property you used to secure a loan. Foreclosures apply only to real estate.

How long a foreclosure or repossession reports on your credit report: 7 years

Charge-offs

After a debt (usually a credit card) has been unpaid for 180 days, by law it must be ‘charged off’ by the creditor. They may report a balance (still trying to collect) or a $0 balance (sold to collection agency or gave up on the collection).

How long charge-offs report on your credit report: 7 years from initial missed payment to the original creditor leading to charge-off.

Collections

Original creditors often sell or assign your debt to collection agency. If you apply for a mortgage, they usually require you to pay these off. A paid collection is almost as negative as open.

How long a collection reports on your credit report: 7 years from initial missed payment to the original creditor leading to collection.

Late Pays

You are reported as “late” for being greater than 30 days late on a payment.

How long late payments report on your credit report: 7 years from missed payment.

Inquiries

When anyone requests a copy of your credit report, this is considered an inquiry.

How long an inquiry reports on your credit report: 2 years

Closed Accounts

A closed account is a positive account closed by you or the creditor.

How long a closed account reports on your credit report: 10 years from the date closed.

No matter what your situation, Go Clean Credit has a solution. We have many credit repair programs that are available to help you overcome your credit situation and place you back on the path to financial success. Real credit restoration is not a once size fits all model and we tailor your needs to the right program, but most people can start for just $99 per month.

We have fixed price programs that get you back on track in as little as 5 months, debt resolution solutions, programs geared toward people who have had recent short sales or foreclosures and many others. Help is just a free phone call away or you can fill out an appointment request. Contact Go Clean Credit to schedule a free consultation today.

How To Fix Your Credit Fast

how to fix your credit fast

How Can I Fix My Credit Fast?

We understand that good people can have bad credit and have helped thousands of people just like you since 2003.

We’ve learned that every credit situation is unique and requires its own distinct plan. Some clients have simple one letter solutions that can finish up within the first month. Typical Freedom Express programs will be 5 months while Freedom clients can expect 7-11 months. After your free consultation you will have a great idea of how long you should expect to be in the program.

If you are looking for how to fix your credit fast, here are some simple and smart ways to fix your credit and get you on the path to financial freedom.

Pay down revolving balances

How high your revolving balances are is one of the most important factors in calculating your credit score and enlisting credit repair services. Maintaining your balances down to less than 30% – or paying them off entirely – ensures that your FICO score will see an improvement as you seek to fix your credit.

In addition, pay your bills on time. If you’re wondering who gets paid first when there are a line of creditors, choose to pay your rent or mortgage first. You need a place to live. Then focus on paying off your utilities, car payment, and at least minimum payments on open credit card accounts.

Remove a recent late payment

Missed payments are extremely damaging. Depending on your current score and report, just one 30-day late could drop your score 45-110 points. The removal of a recent late payment takes persistence, but is a surefire way to fix your credit fast.

To remove a recent late payment, call your creditor and ask for a goodwill adjustment.

Remove collection account

A paid collection usually doesn’t help improve your credit score. It’s not enough to just pay a collection – the collection account must also be deleted!

When negotiating the payment of a collection, negotiate “pay for delete” IN WRITING. Before paying the collection make sure you have this pay for delete. This will help you remove the collection from your credit report and improve your score.

Raise your credit limits

Your FICO score looks at your credit utilization ratio (the amount of your revolving balance divided by the amount of credit available to you). The lower your credit utilization ratio, the better it is for your score. When you have low balances and a good payment history, you can see an increase in your credit score by raising your credit limits to lower your credit utilization ratio.

For example, if you have a revolving balance of $3,500 and your credit limits are $10,000, then your credit utilization ratio would be 35% – meaning that you’re using 35% of the credit available to you. If you raised your credit limits to $17,500, your new ratio would fall to 20% – a good thing for your score.

Use any credit cards that haven’t had activity in 6 months

Charge a small amount on any credit cards that haven’t been active in 6 months. A factor in your credit score is whether you are using the credit available to you. The number of accounts with balances, and whether there is a balance on credit card accounts all factor in to your score calculation.

Placing a small charge on your credit cards (even if you pay them off in full at the end of the month) shows that you have an account with a balance and that you’re actively using your credit.

No Credit = Bad Credit

Even if you have no negative accounts on your credit report, you must have at least one open positive revolving account that has been used in the last six months. You’re considered a credit risk if you’ve never had credit. It is your job to show you can responsibly use credit.

  • Get A Secured Credit Card

If you cannot qualify for an unsecured credit card, contact us for a recommendation of a good secured card. We monitor these cards all the time and know which ones are the best to help raise your credit score. You will make a deposit and the bank will give you a credit limit of that amount. Just as you would with unsecured credit, use it wisely. Good, established credit card payment history is essential to improved credit scores.

  • Seasoned trade lines

Someone with good credit history can add you as a co-signer or authorized user to immediately give you credit history on your credit report. As a co-signer you are equally responsible for all debt. As an authorized user you are not responsible for any of the debt, and Mortgage FICO 5 will count the history as yours.

We know that restoring your credit can seem overwhelming and that it is so important to find someone you can trust to help you. We have many credit repair programs that are available to help you overcome your credit situation and place you back on the path to financial success. Real credit restoration is not a once size fits all model and we tailor your needs to the right program, but programs start as low as $99 per month.

Click here to contact us for your free consultation.

Home Loans with Bad Credit: What Credit Does For Your Payment

home loans with bad credit

Having good credit and receiving a good interest rate will save you tens of thousands over the lifetime of mortgage.

We’re here to educate you on how credit impacts the rate on a home loan so you don’t have to pay the price of having bad credit.

Let’s assume that you’re beginning to shop around for a new home. You have contacted a real estate state agent. You are looking at homes on Zillow. It is an exciting time.

Let’s also assume a few things about the mortgage you are seeking with your home loan.

  • The loan amount you are seeking is $300,000
  • The home you are seeking is a Single Family – Owner Occupied Property Type
  • You have a 80% (60-80%) Loan-To-Value Ratio
  • 1.0 (0.0) Points
  • Your FICO scores are between 620 and 850
  • You are seeking 30-year fixed jumbo home mortgage

Let’s assume that you have an excellent credit score of 740. The general rule of thumb is that the higher your credit score, the lower your rate. Since you have a high score, your rate is the lowest at 4.31% and your monthly payment is $1,487. You easily qualify for the mortgage and you get the keys to your new house.

Now, let’s assume you had a late payment last year and your credit score took a drop to 690 (a single late payment can drop a credit score by 30 to 100 points!). All of a sudden that one late payment took your score from “excellent” to “moderate.” Instead of qualifying for the best interest rate, lenders see you as a moderate risk and offer you a rate of 4.71%.

The rate is just 0.4% higher than what you would get with an excellent credit score. Your monthly payment is just $71 more a month. But, the amount of added cost to your home will equate to about $25,560 over the course of your mortgage. That’s a big price to pay over the course of your life for having just a late payment on your credit report.

If your score was just 20 points lower at a 670, your rate would be 4.93% and the added cost would be $39,600!

Whenever you are thinking about buying a home, make sure you seek the services of a credit repair company like Go Clean Credit at least 3-6 months before your purchase. A simple free consultation can educate you on what can be done to help improve your score for the best possible rate.

(View our customer testimonials to learn how we have helped customers qualify for a mortgage. – https://www.gocleancredit.com/testimonials/)

Low FICO scores increase the amount of money you will end up spending on a loan throughout the course of its life. If your FICO score is below a 560, most lenders will not even consider offering you a jumbo loan for a FICO score that low. Bad credit can really take a toll on a person’s life, and qualifying for mortgage is one of the negative side effects.

Even if you’re fortunate enough to be able to qualify for a home loan with bad credit, you’re still being punished in some way for your low credit score. Usually, the penalty you’ll receive for bad credit is a higher interest rate than you would have received normally.

If you want to save money and stay away from bad credit mortgages, get a free consultation and learn what we can do to get you lower interest rates on your home loan today!

Bad Credit Auto Loans: How Credit Impacts Your Rate

bad credit auto loans

Getting an auto loan with bad credit can end up costing you thousands of dollars more than it would have with good credit.

We’re here to educate you on how credit impacts your rate on an auto loan so you don’t have to pay the price of having bad credit.

Today’s average price of a new car is over $30,000. Unless you’ve got that type of cash sitting in your savings, chances are that you’ll have to take out a loan.

Let’s assume that you need to take out an auto loan of $25,000 to afford that new car, and that you’ve got an excellent credit score of 730. Since you’ve got the best credit, your auto dealer gives you their best rate of 5.30% and your monthly payment over 36 months is $753 a month. You make a clean exit off the lot in a new car with the best rate at the most affordable price.

Now, let’s assume you had a late payment last year and your credit score took a drop to 680 (which is very reasonable to assume, given that a single late payment can drop a credit score by 30 to 100 points!). What happens when you go to the auto dealer with a moderate credit score, instead of an excellent credit score?

If your score is between 675-699, the interest rate on your auto loan for 36 months that is fixed for the life of the loan could be around 8.78% – a full 3% more than you would have if you didn’t have that late payment reporting on your credit report.

How much does an extra 3% in interest cost you over the life of the loan, and how much extra will you pay for the same car?

Your monthly payment at 8.78% would be $792 a month, adding an extra $1,404 to the cost of your car.

If your late payment really took a hit on your credit and dropped your score by 90 points from 730 to a 640, your interest rate would be around 12.36% with a monthly payment of $835 – adding an extra $2,952 to the cost of your car.

This is when it makes sense to call Go Clean Credit for assistance in getting that late payment removed from your credit report. Instead of paying an extra $2,952 over three years, you can enroll in one of our credit repair programs for as little as $99 a month, get your credit restored, and make a clean exit off that car lot with the best deal possible.

(View our customer testimonials to learn how we have raised thousands of customers credit scores since 2003.)

If you have bad credit – generally defined as a credit score in the 500’s – it may possible to qualify for an auto loan, but the interest rate could be as high as 25%. Bad credit can really take a toll on a person’s life, and qualifying for a loan to drive a safe, reliable car is one of the negative side effects.

Even if you’re fortunate enough to be able to purchase a car with bad credit, you’re still being punished in some way for your low credit score. Usually, the penalty you’ll receive for bad credit is a higher interest rate than you would have received normally.

In the case of our example, if you had a credit score of 560, your interest rate would be around 18.20% for a monthly payment of $906. That would mean you would pay $5,508 more for the same car as the person with a credit score of 730!

Bad credit auto loans end up costing you thousands of dollars more than it would have with good credit. Higher interest rates are always given to people with bad credit, but Go Clean Credit doesn’t want you to be punished anymore. Ask us how you can get a free consultation and learn what we can do to get you lower interest rates on your car loan today!

11 Ways Credit Restoration Companies Help Restore Credit

credit restoration companies

You’ve seen or heard the ads from credit restoration companies claiming to help restore your credit. Do these credit repair services really work? Who should you trust when you need to raise a credit score in order to qualify for a home or auto loan?

Restoring your credit can feel like a daunting and overwhelming challenge, and many credit restoration companies prey on people who are eager to improve their life situations. That’s why it’s so important to find a company you can trust throughout the process.

It’s important to know what credit restoration companies can do to help restore your credit. Here are several different situations and services that companies like Go Clean Credit are uniquely qualified to help you resolve.

Mortgage Correction

Most cases of short sales, foreclosures or loan mods are reporting incorrectly to the credit bureaus. The errors credit restoration companies most often see are short sales that report as charge offs or foreclosures or foreclosures that should not report a deficiency balance. Credit repair companies also see erroneous reporting by the banks, who are typically uncooperative.

If you are need of mortgage correction, a good credit restoration company can be very successful at getting every field reporting correctly. If litigation is required, we work with attorneys who will take your case at no cost to you.

Mortgage Derogatories

Every day credit restoration companies meet with clients who went through difficult, life-changing issues in the last several years due to the economy. Many people had no choice but to foreclose on their home when faced with these hard times, and as a result, their credit was severely damaged.

Specific companies like Go Clean Credit have significant expertise, that you won’t likely find anywhere else, in dealing with these types of mortgage derogatories and bad credit home loans. If you have a short-sale or foreclosure on a property, find a company who have a focus and a solid track record on mortgage derogatories.

Collections

Many people with debt and credit problems can find themselves a victim of debt collection harassment. They receive aggressive, intimidating calls from debt collectors for very old accounts.

If you have questions about debt collection harassment, or have collections on your credit report, contact a credit restoration company like Go Clean Credit. They can advise you on what to do so the debt collection harassment stops, and can identify the best course of action to take on the collection reporting on your credit report.

Charge offs

Most people with charge offs on their credit report need professional credit restoration help. Beware of the companies that promise a quick fix solution, as there are several factors that help guide the recommendations for removing a charge off on a credit report.

A good credit restoration company will consider the time-frame in which you wish to resolve it, whether they you the debt, how old the debt is, and what state you were in when you defaulted.

Illegal re-aging of debt is rampant these days and the best credit restoration companies dispute it aggressively. They will use state collection laws, federal laws requiring validation of debt and “cease and desist” letters to achieve effective results.

Late Payments

Removing a late payment can help improve your score between 30 and 100 points, but reported late payments can be difficult to correct.

The top credit restoration companies have effective approaches to remove late payments from your credit report, especially if you have a lengthy positive payment since the late payment, or bank statements proving they were not late.

Credit restoration companies know how to properly package this information to achieve results.

Judgments

Judgments end up on your credit report because the credit bureaus hired a third party to scrub public records at courts across the US and add them to your credit report. Lots of errors occur through this process, which is why judgments are a common issue credit repair companies address.

Look for a credit restoration company that has effective tools to deal with the reporting of judgments, and ask them how they remove a judgment from credit report.

Bankruptcy

Looking to rebuild credit after a chapter 7 bankruptcy? Credit restoration companies can help.

Most people don’t know that a class action suit was brought against the three credit bureaus in 2005 because of erroneous reporting of bankruptcy accounts. The suit was settled in 2009, but the reporting errors are still rampant. That’s why it is essential to get professional help to rebuild credit after a Chapter 7 bankruptcy.

Credit restoration companies like Go Clean Credit have excellent programs in place to correct erroneous reporting with bankruptcy, which is often causing unfairly low scores and other issues.

Tax Liens

Tax liens can stay on your credit report longer than any other type of negative information and require special treatment.

However, credit restoration companies can assist in getting paid tax federal tax liens removed from your credit report. Most companies also have processes in place to help with other tax liens.

The bottom line is that if you need to remove tax lien from credit report, seek professional help from a credit restoration company.

Student Loans

Many student loans default due to job loss, lack of disposable income, and skyrocketing penalties and fees on the loans themselves. If you’ve defaulted on a student loan, you’ve seen a negative impact on your credit score just as you would with other types of debt.

Credit restoration companies can typically assist you in two ways with student loans. First, they can assist on removing a student loan default from your credit report. Second, any good company will make sure you’re fully informed about your options when it comes to student loan debt repayment.

Identity Theft

The process of restoring your good credit after identity theft can be daunting. There are very specific steps you must take before the disputing process can even begin. Credit restoration companies can help you understand the very powerful consumer laws and cut through the confusion and follow the right path to restoring your identity and good name.

Other Credit Issues

Laws change, new case law is created, creditor behavior changes, and processes that worked my no longer work. The credit restoration companies that care about you, like Go Clean Credit, are constantly learning and evolving their programs to achieve better results for you.

Whatever the issues you need resolved, you should look for help from professionals.

No matter what your situation, Go Clean Credit has a solution. We have many credit repair programs that are available to help you overcome your credit situation and place you back on the path to financial success. Real credit restoration is not a once size fits all model and we tailor your needs to the right program, but most people can start for just $99 per month.

We have fixed price programs that get you back on track in as little as 5 months, debt resolution solutions, programs geared toward people who have had recent short sales or foreclosures and many others. Help is just a free phone call away or you can fill out an appointment request. Contact Go Clean Credit to schedule a free consultation today.

3 Common Credit History Problems We The See Most

common credit history problems

Go Clean Credit has helped thousands of people with common credit history problems repair their credit since opening in 2003.

While our clients are like a fingerprint – no two clients are alike in terms of their credit report, goals and financial situation – there are credit history problems that we frequently see with our clients. Those three common credit history problems are late payments, charged off accounts, and mortgage derogatories.

Let’s explore each one of these credit history problems and discuss potential solutions for each.

Late Payments

Most people don’t realize that a current 30 day late payment can drop your score between 30 and 100 points – seriously. Reported late payments can be difficult to correct but we do have some effective approaches to remove late payments from credit report, especially if there has been many months of positive history since the late payment. In many cases clients have bank statements proving they were not late; we know how to properly package this information to achieve results.

Looking to remove late payments from credit report? Go Clean Credit can help. Removing a late payment can help improve your score between 30 and 100 points. Either our Freedom Express Program or Freedom Program is probably a good choice for you. These are two of our stalwart programs to help you get back on the right financial footing and allow you take back control of your credit life.

Charged Off Accounts

“Charged off” accounts means that the creditor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of “charge off,” it means the account is closed to future use, although the debt is still owed.

Most lenders sell their charged off accounts to a collection agency for pennies on the dollar. In that case, you could have a new account being reported on your credit report from the collection agency that owns the debt.

Charged off accounts will remain on your credit report for seven years from the original delinquency date of the account, which is the date of the first missed payment that led to the charged-off status.

Our recommendations to remove charge offs from a credit report will consider the time-frame in which the client wishes to resolve it, whether they owe the debt, how old it is, and what state they were in when they defaulted. Illegal re-aging of debt is rampant these days and we dispute it aggressively. Many times we are able to use state collection laws, as well as federal laws requiring validation of debt, to achieve effective results. We also send out “cease and desist” letters to stop harassment from debt collectors.

In the case of a charge off you would be most likely looking at either our Freedom Express Program or Freedom Program to help you take back control of your credit.

Mortgage Derogatories

Every day we meet with clients who went through difficult, life-changing issues in the last several years due to the economy. Due to circumstances usually beyond their control, many people were left with mortgage derogatories and no choice but to have a short-sale or foreclosure of their property. Some people may have been successful at negotiating a loan modification, but their credit was severely damaged.

Go Clean Credit has significant expertise, that you won’t likely find anywhere else, in dealing with these types of mortgage derogatories and bad credit home loans.

We have worked with several attorney firms over the last few years and have developed exceptional proficiency in handling these complex cases. Every single case is unique and the solution must be customized. Some ‘one-size-fits-all’ credit repair program where they send a bunch of letters to the bureaus is not going to yield any results for these issues. Our goal is to get you and your family back into the home you deserve.


“Previous to working with Go Clean Credit on my three house short sales from the housing crash era, I went through two other companies that made promised and wrote letters – but nothing happened. Your company and efforts were the only ones that made progress. Thank you!”

-Michael B., Phoenix, AZ


If you have one of these common credit history problems, contact a credit specialist at Go Clean Credit and have them review a recent credit report and discuss your options.

How a Fraud Alert Helps With Credit Protection

How a Fraud Alert Helps With Credit Protection

Identity theft can hurt your credit score in more ways than one. Whether the theft of your identity results in higher balances on existing accounts, the opening of new accounts, late payments or an increase in inquiries, the end result is the same – your credit score will be affected until the fraudulent credit information is removed from your credit report. The removal of this information can take weeks, and even months in some of the more complex cases.

The higher your FICO score, the higher the drop in your score will be in the case of identity theft activity. How can you protect your credit in the case that your identity has been stolen? The answer is setting up a fraud alert.

Here’s how a fraud alert helps with credit protection:

A fraud alert lets creditors and lenders know your credit report may have been compromised. The alert lasts 90 days, and is a good step to take as it will protect your identity and will protect you from future theft – even if you only suspect identity theft.

To place a fraud alert, you’ll need to place one call to the fraud department of either Equifax, Experian, or TransUnion. Once you place a fraud alert with one of the reporting agencies, they are required to tell the other two agencies. You’ll provide your phone number to the bureaus so you can be contacted in case anyone asks for credit in your name within your fraud alert timeframe. If someone does ask for credit, the creditor will contact you to verify your identity and find out if you placed the request.

Setting up an initial fraud alert is free and means that you’re protected from identity thieves opening more accounts in your name. This gives you time to clear up the bad accounts.

Additional fraud alerts:

In addition to the fraud alert you should place with a reporting agency, you should also take advantage of credit monitoring services from your credit cards. Most online providers offer credit monitoring services that will instantly notify you of any activity on your account.

Notify your banks and lenders as well to let them know your identity has been stolen. These organizations also have policies and procedures in place to protect your identity, accounts and credit.

For more steps to take on protecting yourself from identity theft, learn about these simple steps to prevent thieves from stealing your credit.

If you’re the victim of identity theft, learn more about what to do if you’re the victim of identity theft.

If you’re looking for ways to clean your credit or have more questions about how a fraud alert helps with credit protection, make an appointment for a free consultation with our team today!