Latest News » All Financial News » Post Identity Theft Credit Recovery; How Canada Credit Fix Can Help When the Damage is Done.
Post Identity Theft Credit Recovery; How Canada Credit Fix Can Help When the Damage is Done.
Every year, thousands of Canadians are the victims of identity theft, costing the economy millions and shaking consumer confidence and security. Canada Credit Fix's innovative programs are there to assist in post identity theft recovery.
CALGARY, AB, CANADA, December 18, 2010 /24-7PressRelease/ -- You are most likely familiar with this story, be it from yourself or those close to you. The consumer purchases their everyday items with a debit or credit card at a retail store, gas station, convenience store or any other business. The card terminal, however, has been changed, swapped out by an enterprising criminal. Credit information has been stored and redirected, then later retrieved wirelessly as the criminals drive by the planted device. From there, they collect your information, and use it to make purchases of their own. Before you or your bank knows it, they have racked a sky high bill with your credit.
This is but one of many examples on how a criminal can take your personal information and use it to make extravagant purchases at your expense. Criminals can go through your mail and find credit card information. Online fraudsters use malware, keystroke loggers, website business fronts and enticing spam disguised as legitimate business letters to circumvent or let down your guard. Even special contests or offers over the phone or fax line can be suspect. Or it could be as simple as misplacing your wallet or having it physically stolen.
And these methods work. It is estimated that nearly 1.7 million Canadians were affected by identity theft, or 6.5% of the nationâEUR s population. Out of all those victims, half of the identity theft cases involve illegally gained credit card numbers, duplicated then used to make purchases elsewhere. And the problem only promises to get bigger as hard economic times and more sophisticated methods encourage the identity thieves.
Then there is the damage done to a personâEUR s credit. Bad debts, maxed out credit cards, new credit card accounts and new loans and lines of credit, opened without permission from the victim, can show up in their credit report and devastate their credit score. The cost to the consumer can be devastating as well, in time and in resources. Resolving these identity theft issues annually costs Canadians a combined total of 20 million hours and $150 million of the victimâEUR s own money. There is also a psychological toll on the victim, and it is unjust to leave them to clean up a mess that is not their fault.
How can Canada Credit Fix help?
Canada Credit Fix is a debt negotiation and credit repair agency, who specializes in repairing your credit score and settling credit disputes. Canada Credit Fix fields a knowledgeable staff of financial experts, such as mortgage brokers, ex-collections agents, debt negotiators, in house legal experts and even ex-Equifax employees, all so that the consumer can have their voice heard. It is like combining the strength of a law firmâEUR s litigations department with the passion of a consumer advocacy group. Canada Credit Fix believes in giving the client the credit they deserve!
Through Canada Credit FixâEUR s innovative credit repair programs, they can help facilitate in the victimâEUR s credit recovery. First, there is Credit Fixers, their premier program where they take the clientâEUR s credit report and advocate on the consumerâEUR s behalf to have the false entries and data removed, including late payments, bad debts, and even bankruptcies can stricken off their credit report so that their credit score will be raised. Then there is Credit Secure, a credit monitoring service where your credit score is watched by their credit experts for any unusual fluxuations and abnormal changes. These analytics can be monitored on a monthly basis for an entire year all for one set price. When the telltale sign of a rising credit score warns of even more identity theft, you can be warned and it can be responded to quickly! And finally, the Credit Vault program provides piece of mind as it protects you from the damage caused by identity theft.
And to assure the client that their interests are well protected, Canada Credit Fix is a member of the Better Business Bureau, and adheres to the ethical guidelines the BBB has outlined. This way, you know Canada Credit Fix is trustworthy, reliable and principled in the field of credit repair and debt negotiation.
Press Release Contact Information:
Dallas Reinhart
Canada Credit Fix Inc.
Ad Posting/Reception
102 10820 24 Street SE
Calgary, Alberta
Canada T2Z 4C9
Voice: 1-866-530-3646
Website: Visit Our Website


