"Embarrassed at the Checkout?" Credit Report Fraud has Increased Dramatically...

Put A Stop to it in 5 Letters, Guaranteed! by Barry Smith

Nobody was more pissed off than Mrs S when she had popped down to the local Homebase to get a new head for the hosepipe. One of the incredibly helpful sales assistants offered her a special deal as long as she took a store card. Being the frugal type Mrs S dived headlong into the filling out of her credit application. That's when it all went wrong!

The house wasn’t a complete tip but we did need a few more bits from Homebase and seeing as they were offering this generous discount it made sense. The garden furniture was looking a bit tired and the house could do with a paint while we could work in the sun (and in the North that’s not often).

Unfortunately the adolescent acne ridden Mosha, moaned “Computer says No” to which Mrs S’s jaw dropped. She fancies herself as a bit of a posh chick and the queue that had formed behind her seemed to radiate the embarrassment she felt. Builders even looked interested in the grain running through their four-by-two’s.

By the time she returned the air was stuffed with expletives and what she nearly did to the kid with the black eye liner with the builders pole!! The only way to cool the temperament was with an even cooler glass of Napa Valley, this was not before the hose had been launched into next door’s garden “because it was obvious I had been overspending on the credit card!” This, it was also implied, either had to be internet gambling or porno.

Aghast at these somewhat truthful accusations, I went online and got her credit report – It’s Free if you know where to look.  I had access within seconds and noticed a pattern.

Getting instant access is important, in this case very important because it transpired that 14 new credit cards had been issued in her name. They had all been taken to the limit and several were already in default.

So, printout in hand, I showed her a copy of the file  -I got one on myself whilst I was at it. She knocked back the wine, then looked shocked and bemused. My credit file was in good shape, but her file seemed completely alien. Where had all these cards come from?  And how had they totalled up to … get this … £86,000. I did a quick calculation and the minimum payment came in at around £4000 per month.

After some investigation we discovered that a man had the same initials as Mrs S, but he actually lived three hundred miles away, registering credit cards willy-nilly and using our address!
How he got this information is beyond us.

 So without another thought I called the first credit card firm on the list and was asked, very snottily, “What I was doing opening someone else’s mail?” I told them I hadn’t opened the mail and we haven’t even received a statement – yet! This is when Snotty told me to put C A Smith on the line. I put Mrs S on and Snotty told her “No … Mr C A Smith.” This was the problem, there was no Mister C A Smith at this address but they were my wife’s initials.
Before we could explain the conversation had turned to Bailiffs, Defaults, County Court judgments and any other forms of threat she could conjure.

Let me tell you Mrs S was S-T-R-E-S-S-E-D. And I was wondering how to get out of this mess.
Here was how I discovered this program:
I spent a lot of time, energy and effort. Not to mention bloody minded sweat to get to the bottom of this fiasco (not easy … but possible).

The main problem appears to be that credit registering in the UK through the agencies Equifax and Experian are virtual and easy. That means to you and me that software and boxes on desks make the lending decisions based on information that has been entered by other software and other boxes on desks like some robots from a Sc-Fi movie. Human involvement is minimal.
This has an will have a profound effect on credit as we see it in this country. It also provides lots of opportunities ne’er do wells who either exist on these shores or entering in their droves as they see the streets in the UK paved with gold. * See the PS at the end of this article.

The process is Simple, but not Easy.

A series of letters send at the most poignant time citing the relative agencies and laws need to be sent to exactly the right place. The good thing about correspondence is that a ‘person’ has a to open an envelope, take out a letter, read it, panic that if the deadline is not reached then the YTS contract will be ended, then takes it to the boss.
Boss man will probably say “Stick it on there” and points to a pile that needs to be auctioned. This sounds increasingly bad but if your letter states the ‘exact precise points of LAW’. Like cream it will rise to the top and you will be next in line to get your score corrected.

Action Plan
Open a new bank account straight away and prevent any direct debits from this account being auctioned.
Get a Free Instant Credit Report
Analyse what the errant credit entry is
Ascertain which credit provider entered the adverse data and authorised the credit.
Issue the first letter to the credit provider you discovered above
Follow the timeline and process outlined in the letter pack

Don’t worry the letter pack is available here:

If we hadn’t gotten into this mess then we couldn’t have put this system together to help other people in a similar mess. With all the comprehensive letters you need and the exact process in which they should be delivered.
Don’t let it happen to you.

PS: My brother is a copper (police officer if he’s reading) and a year or so ago he went to attend an incident where some illegal immigrants were resisting arrest. No one at the scene could understand why, they were eastern European and were to be processed before any kind of ejection might take place.

Anyway, they got chucked in a van then a cell for the evening. One of the officers went back to secure the premises and came across hidden beneath the floorboards thousands of blank credit and debit cards just waiting to be pressed into the real thing – all complete with magnetic strips and holograms.

The lesson is – you work hard for your money – watch it carefully.

COPYRIGHT INFORMATION

COPYRIGHT AND LICENSE - This "Purchase Agreement " © 2004-2007 by Red Cube Marketing, and is fully licensed for use by this website. If you wish to lawfully use this agreement on your website, contact support@internetlawcompliance.com for licensing information.

SiteMap | Link Directory |
Warning: readfile() [function.readfile]: URL file-access is disabled in the server configuration in /home/creditse/public_html/index.php on line 130

Warning: readfile(http://www.profitwebsystems.com/cgi-bin/linkwit/linkwit/ilc?tmplid=55505121001121771146&siteid=68394619001187103227&num=2&rmax=5000) [function.readfile]: failed to open stream: no suitable wrapper could be found in /home/creditse/public_html/index.php on line 130