Fraud alert
Fraud alert
Contrary to popular belief, a fraud alert is not
meant to be frivolously placed by anyone at anytime, or as part of a
fee-based service that automatically places a fraud alert on your behalf
without justification. The law indicates that there should first be a reason
to suspect fraud or pending victimization. Widespread, unjustified use
of fraud alerts will dramatically reduce their effectiveness and
creditors will simply begin to disregard them altogether.
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