In order to perform a false claim, you will need to fill out an empty verification form. Fill it out as completely as possible. Write down the information that needs to be verified, such as where the customer lives and the address of the actual business.
You will also need to include any other information that you feel is important. It is recommended that you verify the full name of the person, the address of the business, and whether or not they are an employee of the company.
You want to be sure to fill out the form completely as you won’t be able to change any of the information that you state on it after it is submitted. This is one reason why filling out the form out completely is so important.
Once you have completed the form completely, the validation process begins. The credit bureaus will use the information you have provided on the form to go through your application and verify it for you. If you have provided any false information, the information will be incorrect and the request will not be approved.
The second thing that will happen once the application has been submitted to the agency is that they will go through your past history and see if you have any pending payments. If they have you will have to provide proof of your financial status, and they will apply additional fees and charges against you. Many individuals get caught up in this trap when they are trying to be nice and apply for too many loans.
After the applications are approved, you will receive notification via mail to let you know that you are being added to the list of all the fraudulent accounts that were reported. You must then contact the credit bureau and let them know what happened. They will also have the option of reporting your identity theft to the appropriate authorities.
There are two different agencies that are in charge of running the system to help catch people who apply for too many loans. These are the FCRA and the Equifax. It is important to contact the agencies to let them know what happened.
It is also imperative that you take steps to keep from being a repeat offender and to stop making payments to the credit card companies. This will give your credibility a boost and make it much easier to get a better rating. Make sure that you are paying your bills on time and doing all you can to avoid identity theft.