153k views
0 votes
True or False? Fraud alerts must be forwarded to all CRA's once recieved.

User Dorca
by
8.2k points

1 Answer

5 votes

Final answer:

Fraud alerts do not need to be forwarded to all CRA's once received.

Step-by-step explanation:

False. Fraud alerts do not need to be forwarded to all CRA's once received. When a consumer places a fraud alert with one of the three major credit reporting agencies (Equifax, Experian, or TransUnion), that agency is required to notify the other two agencies. This ensures that the fraud alert is placed on your credit reports with all three agencies.

User Alsdkjasdlkja
by
8.1k points

Related questions

asked Jan 9, 2024 16.5k views
Gisgyaan asked Jan 9, 2024
by Gisgyaan
8.5k points
1 answer
4 votes
16.5k views