Small charges could amount to Big Problems

Its bad enough already borrowers are having trouble getting loans so lets pay attention to your credit card statement...if you have one. If you have unexplained small charges and can't remember making them or have a receipt for, I would say its time to take some action.

In my opinion this poses a larger problem...stolen credit. Being fast can save you a lot of time later on.

So how do you restore you good name? First please file a police report! I would advise submitting this report to creditors and others to prove your case/theft.

Then please notify the credit bureaus: Transunion, Equifax and Experian. Once there is a fraud alert in tact and in your file, you are entitled to a free copy of your credit report from each. Take your time and review carefully.

Then please close the account you know or believe to have been tampered with, and then speak to someone in the security or fraud dpt for each company. Document your conversation, include dates, time and who you spoke with and keep copies of all supporting documentation, don't take anyone's word.

If and when you open new account, use NEW passwords, avoid the easy to figure out ones...like your birthday.

Then file a complaint with the FEDERAL TRADE COMMISSION.