A fraud alert is a safeguard tool used to notify everyone that checks a cardholder’s credit report that the cardholder is a victim of identity theft. Viewer of the report would have to verify that the cardholder is the person really applying for credit.
The service is free and takes about ninety days. An extended fraud alert, which lasts for seven years, needs an identity theft report from a law enforcement agency. An active duty alert, which lasts one year, is for military consumers who are away from home for duty.
The Good: Fraud Alert can be availed of for free. U