What is a fraud alert and should I get one?
You may request that a fraud alert be placed on your credit file. For example, Trans Union will post a fraud alert, which remains on file for seven years. The alert will advise credit grantors to contact the consumer prior to extending any new credit. Once an alert is added, you will receive a copy of your credit report. And while your account is under a fraud alert, you will be able to receive free copies of your credit file for about a year. Plan to request a copy at one to two months following the alert being placed on your file.
