Beware The Bogus Questions When Verifying Your Identity For Credit Bureaus

So you're taking the plunge and ordering your credit report! There might be things you don't want to see on there, but you also know that it's time to do some serious adulting. The road to great credit and a secure financial future begins with reviewing your credit report. Congratulations on taking this first step! This blog will discuss the things you should be aware of when verifying your identity for credit bureaus.

Free Annual Credit Check

As a Canadian, you are entitled to one free credit check every year from either of the credit bureaus operating in Canada. If you decide to go this route, you will receive a paper copy of your report in the mail. You also have the option of accessing your credit report electronically. Usually, this costs money, but it grants you frequent access to your score and report, enabling you to monitor any changes that are taking place. These online credit report packages also often include credit monitoring and identity theft protection which make the low prices a great deal.

The Verification Process

Going the electronic route will mean that you have to pass an online identity verification process. This process is becoming more and more difficult because they’ve started to include questions about you that include bogus information, just to throw you off.

For instance, you might get asked about a loan you opened earlier this year, even though it never happened. While there are options in the multiple choice answer selection that include "None of the above", these questions can strike terror in the hearts of those who fear identity theft.

These are some of the common questions that can throw people off:

• Credit products you never had in your name
• Assets you’ve never owned
• Addresses you do not recognize
• Phone numbers that were never yours
• Incorrect birthplaces
• Employment you’ve never had

If you're planning on getting your credit report online, expect some of these questions to appear and don't be afraid to answer "None of the above". Don’t let these questions scare you away – they’re meant to be there, and they’re meant to protect you from the very thing you fear. Did you know? You can check your credit score with Refresh Financial, now! It’s secure, quick and free. For a safe way to check your credit score now, click here.

Have you ever been thrown off by bogus questions when verifying your identity online? How did it turn out? Let us know in the comments!