There are a number of different scams used by con artists to get money from hardworking people looking for jobs or trying to repair their credit. Being aware that these exist is the first step in avoiding them; individuals should also be aware of how to manage their credit on their own, and what steps they can – and can’t – take to repair low credit scores or mistakes on their credit reports.
If you are working from home, a common scam is when an “employer” who posts a job online asks to see your credit report, requesting that you use a specific service that he or she claims is free but actually ends up costing you money. This isn’t a legitimate employer and you end up paying for a credit report unnecessarily.
Another type of “employment” credit report scam involves scammers asking you to submit personal items such as your Social Security number, your driver’s license, or utility bills. These items all contain personal information that scammers can use to access your current accounts or open new accounts in your name. Unless you have met an employer in person or completed a thorough background check on the company, do not supply these items.
Credit repair companies are not necessarily “scams,” but they sometimes come close. No one can magically clear your credit report of derogatory items, and there is no amount of money you can pay to have accurate information removed from your report. When you hire a credit repair company, you are always paying for something that you can do for free yourself.
If you believe that you have been the victim of a credit report scam, immediately obtain a copy of your credit report and check it for accounts or other items that are not of your doing. You should also report the scam to the proper authorities.