Want to protect your privacy? Get one free credit report. This can only mean that you’ll get the highest and best available credit scores for your credit. If you want a little extra security, take advantage of zero liability policies that put you with the creditor for unauthorized charges so charges keep coming. Remember to sign up for a monthly credit report every few months from now.
All good news for consumer credit.
In today’s modern world of change, consumers are now concerned about what they can do legally to protect themselves and their credit. And by protecting themselves, we mean protecting our credit, too. Credit scores, or consumer credit reports as they are called in some cases, are in fact the best way to protect yourself.
A zero liability policy is the simplest and the most effective way to protect your credit and the credit of your credit report from being stolen. Many such policies are available for free upon request or for a fee. As with all things good law, it is best left to the consumers to decide what is or isn’t within their free information materials.
What about you? Are you worried about your personal information getting into your report? Do you feel particularly vulnerable about your credit being accessed? This might actually be the most important and most important question you should be asking.
The simple answer to that is yes, you are indeed.
The more technically known are:
‘ Unfair enrichment procedures. This includes your discussing with the company an unusual expense or credit request with the discrepancy amounting to more than one hundred thousand dollars;
‘ Employee credit histories of borrowers in default. This is usually reported to the credit bureaus as a default act.
What is a foregone conclusion, ‘theoretically.’ Anything less than certainty might be construed as a violation of your contract rights.
Exactly what are you doing and how is known (and usually unstudied, nowadays) ‘theoretically.’
It is possible for any individual or company to apply for and receive credit, but not necessarily for credit (as some do). As such you may request for an investigation or, in the case of credit bureaus, for a bankruptcy determination once you get notice from the bureaus of your intent to do so. This way you feel and know that you are doing nothing wrong.
This doesn’t mean, however, that you think you shouldn’t be concerned. While the law requires Federal agencies to investigate and to pursue any action that you think is unfair, many of the more progressive parts of the government do not actually require the US Government to do anything. The IRS goes into deep trouble with false claims when it applies to its applications for tax-exempt status. And the military courts (where military personnel are turned away for unsatisfactory credit payments) are usually pretty wary of any kind of ‘vain and unwarranted criticism of any branch of government. These courts don’t seem to be concerned about the negative side-effects of any government action.
In fact, if you’re concerned about your personal information being accidentally shared (even intentionally) then you should be more than a little wary. Just be aware that some hidden or questionable government abuses may only affect your livelihood or that you may be targeted by other government programs.
It’s also important to avoid sending any kinds of personally identifiable data, almost all of which are already prohibited by law (though you’re still entitled to one free credit report per year if you’re an individual). Most of these activities (such as requesting personal information about people’s Social Security numbers, wages, and home addresses) are clearly illegal and must be avoided.
These are not the only rights a person can have as free information. If you’ve been exposed to certain illegal or otherwise objectionable activities (such as sending or receiving any type of unsolicited (or over the telephone) unsolicited solicitations that are not specifically directed toward you, you may be subject to a ‘voluntary disclosure”. This is essentially a legal letter explaining your concerns and warning you or someone else of your intent to do anything wrong.
One exception is a ‘disclosure’ made under the Freedom of Information Act if the agency reports to a federal agency, state or local, that you sought, used, received, or incurred information from. That information is not included in your free credit report because in doing so, the government never gets to see it.
Additionally, you cannot voluntarily release information (such as your name or social security number) that you consider to be “confidential” unless you’re willing to give certain circumstances requiring it, such as releasing it in a format that clearly indicates you understand what it may take to get it.