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Reporting Credit Problems? You have two choices: 1) Do something 2) Do nothing I don't mean to be glib about your question, but that is what it comes down to. If you begin informing people for your own protection, which is what you SHOULD do, they will get in trouble. If you don't, you might have issues with this for the rest of your life. There is significant protection for victims of fraud and identity theft under the recently amended Fair Credit Reporting Act, but they all start with a police report. More tips from FAQ Farmers: Yes, if the problem is related to YOUR credit. If it is related to someone elses credit, reporting their credit may cause trouble.

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Q: Can you report a credit problem without getting someone in trouble?
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