common-close-0
BYDFi
Trade wherever you are!

What should I do if I see axcess on credit report related to a cryptocurrency transaction?

avatarOfppt inzeganeDec 16, 2021 · 3 years ago3 answers

I recently noticed an entry on my credit report related to a cryptocurrency transaction that I don't recognize. What steps should I take to address this issue and protect my credit?

What should I do if I see axcess on credit report related to a cryptocurrency transaction?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    If you see an unfamiliar entry on your credit report related to a cryptocurrency transaction, it's important to take immediate action. First, contact the credit reporting agency to dispute the entry and request an investigation. Provide any supporting documentation or evidence that proves the transaction is fraudulent. Additionally, contact your bank or credit card issuer to report the unauthorized transaction and request a chargeback. It's also a good idea to monitor your other financial accounts for any suspicious activity and consider placing a fraud alert or credit freeze on your credit file for added protection.
  • avatarDec 16, 2021 · 3 years ago
    Oh no, finding an unknown cryptocurrency transaction on your credit report can be alarming. Don't panic though, there are steps you can take to resolve this issue. Start by contacting the credit reporting agency and explaining the situation. They will guide you through the process of disputing the entry and launching an investigation. Make sure to gather any evidence that supports your claim of fraud. Additionally, reach out to your bank or credit card company to report the unauthorized transaction and request a refund. Keep an eye on your other financial accounts for any suspicious activity and consider adding extra security measures like a fraud alert or credit freeze.
  • avatarDec 16, 2021 · 3 years ago
    If you come across an unfamiliar cryptocurrency transaction on your credit report, it's crucial to take immediate action to protect your credit. Start by contacting the credit reporting agency and inform them about the unauthorized entry. They will guide you through the process of disputing the transaction and launching an investigation. It's also important to contact your bank or credit card issuer to report the fraudulent activity and request a chargeback. Remember to monitor your other financial accounts for any signs of unauthorized transactions and consider placing a fraud alert or credit freeze to prevent further damage. If you need further assistance, consult with a financial advisor or seek legal advice.