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One of the main reason that consumers are advised to obtain their credit reports each year is to check for fraudulent activity. According to the FTC, approximately 9 million consumers have their identities stolen each year. Unfortunately, many consumers don�t realized that they have been victimized until their credit has been ruined and they are stuck with fraudulent debts.

To protect yourself, it�s important to look at your credit reports at least once a year. Go through these reports carefully and look for any signs of suspicious activity. Monitoring your credit history is an effective way to protect against identity theft.

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14y ago

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