May. 15, 2007 - Protect Your Credit At All Costs

Identity theft has become a sad reality.  I am working with a client now who had her identity stolen.   Being the person she is, she went to work on it right away.  She hired a lawyer who assured her he would take care of it.  She gave him a hefty retainer and had been making monthly payments to him.  A few months later thinking that it had all been taken care of we went in search of her perfect townhouse.  We found a perfect place and we placed an offer.  Later that afternoon she called me in tears.  Her lender had informed her the lawyer had done NOTHING.  (why didn't the lender know that before?  HMMM thats another story.)  So for the last 6 months we have still been trying to get her credit reports straightened out.  Moral of the story??  Be very vigilante about watching you credit.  Get your free report once a year or there is insurance you can buy now to protect you.