This fake credit report blank template can be use to understand the concept of credit score and learn how all 3 credit bureau work to calculate score of anyone credit history
Fake credit reports
The credit reports are necessary to maintain a credit history and possibilities of getting credit loans. The process of good credit reports mainly deals with original and certified documents. The credit reports are used for further loan requirements and other processes of banking. Good credit explains the overall verification of a person. The whole processing of credit reports deals with the history of an individual. To make your credit safe one must have the positive history. The banking and other insurance agencies are always there to make your credit history safe and secure. Credit reports are easily maintained by paying time to time installments. One can make this task easier by proper documentation or credit report by annual or weekly methods. Credit history is useful in case of future investment. The good report means one should not have to pay extra charges for installment process.
We have heard the fake credit reports which are usually created by those people who have bad credit reports. These reports are used for loan processing or other documentation of banking. The process of creating fake credit reports is quite tough and risky. Some try these tricks at the time of rental documentation. Nowadays proper verification is necessary by landlords for rental applicants. The verification such as id proof and security number are two important identification sources. These two inquiry details are used by credit bureau for investigation of a person applied for a rental applicant. The investigation process is important to determine if there is any criminal history or not. In a case of fake identifications, the individual has to go through the legal inquiry. This process is quite helpful for landlords to keep themselves away from such fake people.
How are fake accounts created?
Some people use the fake identity for loan credit, creating deposit accounts and to obtain licenses and passports. These people add the fake information in their applicant forms. They basically make use of real Social Security number (SSN). They create an identity with a fake name and address. This fraudster then makes use of these fictitious accounts for their personal use. They create the fake credit reports for their benefits. These records are sometimes misused by people.
Fake credit investigation:
The verification of these processes is done by credit report agencies (CRAs) or credit bureaus. The different agencies are there which work to solve the problems of fake credit. Each organization has its own working process. They collect customer credit history from banks, credit companies, and other agencies to create an in-depth credit report. At the time of credit application or loan, the whole verification or id documentation is sent to CRAs. Further, it is a duty of CRAs to collect the applicant’s exact personal identification information. This whole process is followed to determine if a credit report exists or not. If the information is not properly matched with the record submitted in the form then a further inquiry is done by various agencies. Credit report card
The investigation bureaus identify the whole documentation and if there is any criminal record, then the fake credit report are filed against a person.