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Saturday, June 14, 2008

Equifax Scam

I thought Equifax was a scam-- but it looks like its a scam of a scam at play
There are credit reports produced yearly by consumer bureaus national. Equifax is one of the three companies that provide this report. In fact every American is entitled to three free copies of these reports yearly from the different consumer bureaus. The benefits of the Equifax credit report cannot be overstated - it is very important. But, you should be very careful about scams, guide that at all cost.
For instance there is only one website provided by the consumer companies for the application too receives a free copy of the annual credit. But, many other sites claim to give the free copy and even some sell these free copies to ignorant consumers that do not know this. You should get the right information to avoid being fooled by these scammers. Learn to tell the fake from the original copy.
Many methods are used to con ignorant consumers these days. For instance, a thief can apply for your credit report using your identity, with the purpose of knowing your Equifax credit report to process loans with your identity. They will not definitely escape with the money collected from the loan leaving the debt for you to pay. So, it's always good to be informed about your credit report and always make sure you apply through the right channel whenever you do. Because if you visit a site that claims to help you get your credit report, you are only risking your personal information to fraudsters that can use it against you. The only website for the application of credit report is www.annualcreditreport.com beware of scams.
When you visit the wrong site offering you a free copy of the Equifax credit report any other one credit report, you'll be asked to type in your personal information, after you do that you will not see your report instead they have gained access to your credit report and you know the rest of the story. A way out of this is to apply for a fraud alert that will keep you informed of any addition on your credit report but, we all have to apply the greatest caution when dealing with financial issues to avoid bankruptcy. BE WARNED.

For more information about Equifax Credit Report, feel free to visit us at: http://www.about-credit-reports.com/article-1-Equifax-Credit-Report.html
Article Directory: EzineArticles

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