A fraudulent enquiry means that someone is trying to illegally obtain information about you or your company. This could be for identity theft, financial gain, or other malicious reasons. If you suspect that you are receiving fraudulent enquiries, it’s important to understand what it all means and know how to clear credit!

Identity fraud occurs when someone takes your personal information, such as your name, driver’s license number, or birth data. This information is typically stolen by criminals to steal money or obtain other benefits (such as a mortgage, a passport, or a new phone account) by impersonating someone else. Identity thieves may also use their knowledge of you to commit crimes in your name.

Once an identity thief has access to your personal data, they may set up a new credit card account in your name. When the criminal makes purchases on the cards and doesn’t pay the bills, bad information can be placed on your credit report and hurt your credit score or prevent you from getting future credit. They may set up a bank account in your name or establish phony debit cards to use to drain funds from existing bank accounts. Set up a phone service, wireless internet connection, or other utility service in your name.

Keep a close eye on your financial records and credit report to see if you’ve been a victim of ID theft. If you notice an unusual transaction, investigate further, regardless of how little the payment is. Remember that anyone may be a victim of identity theft.

At Credit Repair Ausvengers, we are experts in repairing credit histories and helping people get back on their feet financially. We can help you remove bad credit from your file and start fresh. Contact us today to find out more about our services and how we can help you clear credit!