I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating.

I would like to avoid bankruptsy. This is an old case.

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

I need more info before giving you any good advice.

If someone got credit in your name, and you are claiming the debt is not yours, then there is a procedure already in place regarding ID Theft. Go to the first link below and read up.

You first need to contact the local police department and get a report. Then you will need to contact the creditors who are after you and inform them that the debt is not yours. Send them a copy of the police report, plus a signed and notorized affidavid saying your ID was stolen and this is not your debt.

It%26#039;s up to them to prove it%26#039;s yours, not the other way around!

Now, to clean up your credit, examine the Fair Credit Reporting Act, and the Fair and Accurate Credit Reporting Act. These laws detail exactly what you must do.

Follow these instructions carefully!

Send a dispute letter to the Credit Reporting Agencies demanding that the listing be removed.

Send a %26quot;demand to validate%26quot; letter to the creditor, and demand that they prove this is your debt.

If this does not solve the problem, you can sue them in small claims court.

This is exactly what happened to me. Someone used my ID to get a Holleywood Video account and run up $300 in charges. It went to collections agency and ended up on my credit report.

I did the letter writing stuff, but they still wouldn%26#039;t take the listing off. So I went to small claims court.

The credit bureau settled for $200. The collection agent decided to fight me, and it cost them $1000 plus court fees.

The reason they get away with this stuff is because consumers don%26#039;t understand the law!

Contact me if you need more advice or support.

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

try listening to dave ramsy on the radio he has a book too they are both great he sounds kindof harsh but if you follow his rules he can really kick you but into good shape. No credit cards..all that good stuff. check him out.

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

Press charges. Get the federal Government involved. If you were truly involved in that crime, then then you are held blameless and your credit will be fine.

We had that happen to us a few years back and all we were responsible for was the first 50 bucks on each of the credit cards. There were only 4... so... Call the police and press charges get the ball rolling. Once you have a copy of the police report you can give the creditors that number and they will not bother you knowing that you are proscuting.

If you are not on the up and up.. and trying to just fake it... they will know.. and ya can%26#039;t fix it cheap.. sorry...

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

There isnt much you can do without going through a credit cleanup. Which isnt exactly cheap although if you find a lawyer that takes payments it will make it easier. Do you have anything to prove the Identiy theft? Did you contact all the credit bureus and have it flagged because it will at least help when you do try to clean up your credit. And did you report identity theft with your local police department, once you have a case number you can clean up some things on your own. Good Luck

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

Perseverance is the only way to get it cleared up. It took me over 3 years to clear my name and credit after someone stole my identity, bought cars and went on a crime spree. If you%26#039;d like some free advice from someone who%26#039;s been through the long, long haul, email me.

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

These types of situations are addressed in our State Governor%26#039;s Office. Have U tried contacting your state office of consumer affairs?

--depending on how the culprit used your ID, you may find it cheaper to consult with a financial advisor

** U may find that you can be relieved from some and possibly ALL of the burden associated with the %26quot;fraudulant acts%26quot;.

I have been a victim of credit card fraud and stolen ID. How can I repair my now bad credit rating. Cheap!?

Try prepaid legal. It is cheap! Check out site for details.