Young Money With Tracey Bissett

Julie Kuzmic is the Director of Consumer Advocacy at Equifax Canada. She is passionate about financial literacy and is a recognized authority on consumer credit. She often speaks on the credit lifecycle to consumers, clients, government, and industry groups and she is always testing out new metaphors to describe the nuances of credit scores. Julie joins me today to share how to protect yourself from fraud and how fraudsters can obtain your personal details and use it to apply for credit in your name. She reveals how many times you can check your credit report each year as a proactive fraud prevention step, why it’s vital to inform credit agencies if you fall victim to identity theft and the protective measures and alerts you can activate to authenticate credit requests in your name. Julie also discusses the pros and cons of using your passwords online over open Wi-Fi networks and with third parties.  “It is important to let both credit bureaus know if you are a victim of fraud.” - Julie Kuzmic   This Week