Calling the credit reporting agencies
The three major credit bureaus, TransUnion, Equifax, and Experian must immediately receive notice that your identity has been stolen. Afterwards, they will freeze your access to new credit and each agency will send you a copy of your credit report. This is done because it helps to prevent more fraudulent charges from identity thieves.
Identifying unauthorized items on your credit reports
The next step involves writing a letter to each credit reporting agency that lists all of the credit report items that you don’t recognize. Remember that if you don’t attach a police report or if you fail to identify each disputed item properly then your credit reports will not recover from the identity theft.
Waiting 30 days
This is how long the credit reporting agencies have to get back with you after receiving your letters. Once you have their responses, check to verify that your credit reports have been cleared of ALL disputed items. At this point, if there are still fraudulent items lurking on your credit reports, the only way to clear them is to file a lawsuit.
We Fix Credit Reports Damaged by Identity Theft
If all of this seems complicated, don’t worry. We can help you recover your damaged credit report caused by identity theft. We will coach you through both the process and even write the dispute letters for you. Even if we have to file a lawsuit on your behalf, it will still cost you nothing out of pocket. Under the Fair Credit Reporting Act (FCRA), the defendants in settled cases are required to pay our fees and cost. In some cases, our clients receive payment for damages.