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Preventing Identity Theft in the New Year

When beginning your credit repair with high risk car loans it is time to take a closer look at preventing both online and offline identity theft
Preventing Identity Theft in the New Year
Your credit repair

Rebuilding your car credit isn’t easy.

Here at Auto Credit Express we know that because our business for the past two decades has been to match up credit-challenged applicants with new car dealers that can give them the best opportunities for car loan approvals.

We also designed our web site to provide potential applicants with as much information as possible so that they are able to make the right decisions on how to tackle the auto credit repair process, since the wrong decisions can often result in being trapped in a loan they can’t afford.

The end result of this is typically repossession and if this happens the only remaining choice for most buyers is a BHPH car dealer. It also means the process of rebuilding their credit has to wait at least a year, since most subprime auto lenders require that a repossession listed in a credit report be over a year old.

Even when making the right decisions car buyers with bad credit need to be cautious when it comes to sharing their personal information online at this critical time.

But a press release from the Texas Society of CPAs reminds us that these same buyers need to watch their offline habits, as well.

Identity theft

In fact, this press release reminds us that there is more to identity theft than just information tampering online.

Here are three tips from TSCPA to help you guard against offline identity theft:

Tip #1: Do away with pre-screened credit card offers.

You see junk mail, thieves see an opportunity to raid your finances. You can opt out of receiving pre-screened credit card offers by calling 1-888-5OPTOUT.

Tip #2: Check your credit report regularly.

Order a free credit report at least once a year from each of the three credit bureaus – Equifax, Experian and TransUnion. Just go to www.AnnualCreditReport.com or call 877-322-8228. You can space it out to get one copy of your credit report every four months and review carefully for any unauthorized address changes and new accounts that you didn’t open.

Tip #3: Treat mail with care.

Don’t put bill payments in your home mailbox for pick-up by the mail carrier. Instead, drop them off at the post office. Or, consider installing a locked mailbox at your residence or using a post office box. If you’re going out of town, be sure to contact the U.S. Postal Service and request a vacation hold on your mail.

TSCPA also has more prevention tips, as well as a compilation of online resources, at its web site: www.ValueYourMoney.org

As we see it

When beginning the process of credit repair it’s important to pay attention to the ways identity thieves can steal your personal information both online as well as offline.

Another good tip: Auto Credit Express specializes in matching applicants with new car dealers that can offer them their best chances for approved car loans.

So if you’re ready to begin reestablishing your car credit, you can begin now by filling out our online auto loans application.

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