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Credit Monitoring  

post #1 of 8
Thread Starter 
Ok, proving that helping people can bite you in the butt. My brother and SIL, the ones who were staying with us after moving to Seattle from Florida created chaos and havoc. In addition to their financial problems they apparently have drug and criminal problems that I was unaware of when I opened my home to them. To make a long story short they were escorted from my house by the police on Weds after my SIL caused a huge domestic dispute when asked to clean up their room so it did not smell like mildew and then from my mothers on Thurs. They were so obnoxious and threatening in front of the police that the police encouraged us to secure a protection order against them and told us the motel address they dropped them off at so that we could have them served. They are in a motel, paid for by charity voucher, till their transitional housing spot opens later this week. I feel awful for the kids but when push came to shove, my son and husband and the rest of our family had to come first. Believe me, if I could have helped the kids more I would have but they have.

After they left, we discovered a number of personal papers had been gone though and a number of papers relating to my FILs estate were missing, along with some checks. We have taken care of the accounts but are concerned that since these people are desperate and have our social security numbers (they went through documents containing them), our DOBs and naturally know things like my address and my mother's maiden name. Is there a reputable service we could sign up for to watch our credit records for identity theft? Should I contact the credit reporting agencies? We are ripe for credit fraud as we have no debt but a mortgage and decent scores that would make it easy to obtain just about any type of credit or note.

I can't understand why they would do this to us. : On a related un frugal note, they trashed the carpet in their room in our BRAND NEW house to the point it needs to be replaced and they put a hole in the closet door and made it so the walls need to be painted. And it goes without saying we have to get the locks changed (even though we never gave them a key, my keys have gone missing). :
post #2 of 8
I think you can contact each of the 3 major credit bureaus and explain the situation. They will flag your account. It should prevent any new lines of credit being opened without them contacting you to make sure that it is really you. Other than that, monitor all of your accounts closely for unauthorized transactions so that you can dispute them right away, should something show up.

post #3 of 8
I agree with the previous poster - I didn't realize this concept existed until a few years ago, but they do have this concept of a flag or hold on your credit account, and if you have that, a creditor is supposed to go through extra hoops to be able to open any accounts, it has a special name which I cannot remember. Generally though this is something the credit reporting agencies won't let you do unless you have reason to believe you are the victim of identity theft. I don't know what the requirements for that are though, and it does make it harder for you to open accounts too, so you need to be willing to deal with that hassle.

As for traditional credit monitoring, I know each of the credit companies offer credit monitoring, so they would be reputable. We got notice from an former mortgage company that they had some equipment stolen or go missing which included our information on it, so they signed us up for a credit monitoring service for free. That was identityguard.com - so since wells fargo bought the subscription for us, that one seems pretty reputable. They send us a notice anytime anything shows up on our reports and they have notified us every time we opened an account this year.

post #4 of 8
Sorry, I just have to ask... It stands out in my mind that someone here was preparing to take in some family, and made the statement that this family was "picky" about what they ate... and I remember thinking to myself, "How picky can you be when someone is offering to take you in and feed you?"

Well, whether it was you or not... sounds like you've got a real piece of work for a brother there. : Isn't it amazing how two siblings can turn out to look at life soooo differently?
post #5 of 8
I didn't know that this concept existed, either, until a few years ago.

I hope that your brother and SIL don't steal your identity.
post #6 of 8
Dave Ramsey talks about Zander Insurance's ID theft insurance. Bought it for all his employees (several hundred). If your ID is stolen, they will assign a person in their company to deal with the credit cards, etc., for you to clean up your record so you don't have to do it.

If you can afford it, seems reasonably priced (see cost at bottom of home page). You can pay monthly or annually.

http://www.zanderins.com/idtheft/idtheft.aspx#
post #7 of 8
Thread Starter 
Quote:
Originally Posted by Jenelle View Post
Sorry, I just have to ask... It stands out in my mind that someone here was preparing to take in some family, and made the statement that this family was "picky" about what they ate... and I remember thinking to myself, "How picky can you be when someone is offering to take you in and feed you?"
Yeah they were picky. Picky like they preferred to give their 18 month old and 5 year old soda than the milk we were buying. The three kids ate more veggies than the mom and dad. And then they would say that the kids were picky. : No, the kids will eat whatever they can get their hands on and you only ever gave them junk foods. I tried to be accommodating and helpful for most of the time that they were here but they were dishonest and mean to say the very least. We have signed up for monitoring services and will be sending letters to the credit agencies if we see anything weird.
post #8 of 8
Within the last few years many (most?) homeowners' insurance carriers provide identity theft coverage. A few include it free but many charge a modest fee. I recently received an offer from Safeco to add identity theft coverage to my policy for $12 per year. It includes a case manager and up to $25,000 in expenses to restore your identity. Before you buy a separate policy, check with your homeowners' insurance company.

Best to avoid the theft though. You're smart to deal with it before it's a problem.
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