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Article Title: Check Credit Report To Avoid Theft And Other Problems!
Author: Andy  Zain
Category: Credit
Word Count: 415
Keywords: check,credit,report,reports
Author's Email Address: [email protected]
Article Source: http://www.articlemarketer.com
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The easy going world of yesteryear is long gone and has been replaced by one 
where speed constant change is the norm. Unfortunately, this fast-paced and 
ever-changing technology has created a whole new form of theft, also known as 
identity theft. Stories of unsuspecting victims are all over the news. For 
example, ATM machines being held hostage by these thieves who steal personal 
identification numbers and clean out bank accounts. This is the reason why 
check credit report regularly is necessary by everyone who is responsible and 
cares about his or her own credit.

Along with checking your credit card statements at the end of each month to 
ascertain that all is kosher, including charges that you actually make is 
highly recommended. Unfortunately, suspicious purchases and charges may mean 
that you are a victim of some sort of identity fraud. Although you are aware of 
this particular situation as it unfolds, you may be unaware of other loan 
applications that have been made in your name.

you check your credit report often enough, you will limit the chances of 
becoming a victim of identity fraud, or at least will be aware of it very early 
on. The credit report is a summary of all your existing in past credit, 
therefore, if anyone has made any applications, whether they were approved were 
refused, will appear on your credit report.

Unfortunately for many innocent people, they only discover they have certain 
loans or credit cards in their names when collectors are assigned to their 
cases and they start demanding payment.

Honest human errors can also destroy someone's credit. For example, a computer 
glitch or mistaken data entry, can cause huge problems. Finding and reacting to 
any mistakes on your report will mean that you can correct the early enough to 
ensure that you can obtain credit at a future date if you so need it.

In addition to that, you would be aware of the credit that is available to you 
and benefit from some low-interest credit. This could help you save a lot of 
money by enabling you to change credit lenders and transfer balances to others 
which would charge you less interest. You'd be surprised at how much money can 
be saved with preferred interest rates!

Knowing your credit rating also means that you know, what has caused you to 
have this score. Therefore, if your score is poor, you can always work on 
perfecting it. Often, consumers do not know what may cause them to have a poor 
credit rating.

For more information and tips on credit reports, visit 
http://www.creditreportyes.com
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