How to Get a Free Credit Score, Without Getting Conned

“Free credit scores” are effective bait. Just ask any of the 200,000 consumers who complained to the Federal Trade Commission about one recent online scheme that lured them with “free” access to their credit scores … then snagged them with a common switch: billing $30 a month for credit monitoring services they never ordered. The good news: Some 145,000 of those victims are getting refunds. Within 60 days, the FTC will mail checks — $20 million worth — in varying …

How, Why and When to Get a Security Freeze

Placing a security freeze on your credit file has always been a smart move. But these days, it makes more sense than ever. That’s because identity thieves have switched tactics — focusing on opening new fraudulent credit accounts rather than exploiting existing ones. In its 2016 Identity Fraud Study, Javelin Strategy & Research reports that with the switch to chip-enabled cards, fraud involving new accounts more than doubled in 2015 from the previous year. Meanwhile, some 180 million personal records …

Why You Need to Check Your Credit Report

Revised July 22, 2015. Some 44 percent of people age 65 and up have never checked any of their credit reports, according to a recent survey by Bankrate.com. That percentage shocks me, especially considering how important the information is and how easy it is now to get it for free. Here’s why you need it and how to get it. It’s important “Monitoring your credit goes well beyond scanning a three-digit [credit score] number,” said Jeanine Skowronski, credit card analyst …

Is a Credit Freeze for You?

To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen. The answer: Probably yes — but not because of those kinds of breaches. Certainly a credit freeze (also known as a security freeze) is a great way to proactively prevent identity theft and is advised for past victims of this crime who are likely to be targeted again. But it’s not foolproof and, …