A good credit score is imperative for qualifying for loans to purchase a new home or a new car.  These loans are large and require good credit score standing to be offered the best interest rates.  It is very important to always review the credit report twice a year to check if any credit fraud or identity theft has occurred.  Protecting your credit score does not require much effort, just knowing what to look for and how to repair any discrepancies is the key.  Companies like Vivix Credit Solutions offer services from expert people to improve the credit profile of a client.  The company reviews the credit report with the client and offers advice on how to better handle and protect your credit.

Credit card fraud and identity theft are taking place at unprecedented rates in this country.  Credit card skimming, database intrusion, mail theft and improper disposal of statements or receipts are a few ways a credit report can be hampered with negative information.  Credit card skimming is when thieves steal your credit card information using technology.  Retail outlets that process a credit card for payment are the most common places where skimming occur.  A corrupt employee runs the credit card through a scanner that stores the data from the magnetic strip.  The employee sells the information that is then turned into counterfeit cards to purchase items.  One way of protecting against this scam is to never let your card out of your sight. Another great tip from the experts at Vivix Credit Solutions is to check credit card receipts against your card statement to verify they match.

Database intrusion occurs through cyberspace when thieves steal credit card numbers from companies.  It does not necessarily have to happen when a person purchases an item online but also the numbers can be retrieved through the companies’ customer information system.  Other information that is stolen can include the three digit security codes and pin numbers.  Thieves sell all the information just like credit card skimming to other criminals.  A preventative measure is to use complex and varied passwords for your accounts.  Only provide personal information to sites that contain “https” in the web address.  Another measure is to only download software from trusted sights.

Improper disposal of statements or receipts and mail theft are another common way your credit score can be affected.  Keep track of the credit cards’ billing cycle.  If the statement has not arrived during the regular arrival dates then thieves could have stolen your information and changed the address.  Never place mail in the door slot or the outgoing mailbox for the carrier to pick up. Anyone can easily take it with your personal information.  Any mail or receipts with personal information should be shredded prior to disposal.  Bank account receipts should also be disposed of properly to prevent any account information exposure.

In order to prevent any identity theft and protect your credit score there are preventive measures to follow.  Thieves go through great measures to attain personal information and you should practice theft prevention every way possible.  Vigilance is an important measure in protecting your credit score.    Contact Vivix Credit Solutions today for more information.