Careful monitoring of credit reports can alert consumers to fraudulent activities or inaccuracies in records potentially indicating identity theft. The information included on a credit report, such as amounts owed, payment history and public records, affects the scores used by financial institutions and credit card issuers to assess the creditworthiness of applicants and decide whether to approve applications.
Credit reports also provide consumers with a total picture of their credit status at a particular point in time. Few consumers know exactly where they stand when it comes to total debt, thus seeing everything laid out in a report reveals not only where changes can be made to improve credit scores but also mistakes and incorrect information they must dispute and correct. Some of these inaccuracies may be red flags, warning of a breach of privacy or outright identity theft in need of investigation. In these cases, appropriate measures must be taken to correct all information and ensure the security of personal information.
This course will help you gain a better understanding of how credit reporting works, what elements affect a consumer’s credit score, and how to file disputes with major Credit Reporting Agencies or CRAs such as Equifax, Experian and TransUnion to fix erroneous information. This course supplements the training efforts of individuals who plan to become a Certified Identity Protection Advisor (CIPA).
Additional Information: The course includes a video, and an online quiz of 10 multiple choice questions. The video must be viewed completely and the quiz requires over 70% correct answers to pass. Upon successful completion of the video and quiz, a certificate of completion will be instantly available for download.
For group training and discount, please contact Identity Management Institute.
Identity Management Institute is a leading international organization which provides thought leadership, training and professional certification to its global members who are interested in identity management topics such as identity governance, identity and access management, identity theft protection, compliance, data protection, and technology.