Mobile contract fraud isn’t talked about much but it is actually more common than you think. I’ve come across this type of fraud several times in the past month, thanks to friends sharing their experiences with me. Often the first time you realize someone else has taken out a mobile contract in your good name is when either you receive a bill and or debt recovery company sends you a letter.
The problem with not knowing about this is two fold. One, you have to prove you are a victim of fraud (you did take the contract out, didn’t you?) and two, it damages your credit worthiness, in other words your credit file. It’s the credit file which is the most important to you, given this is what determines whether you can obtain say a credit card, loan, hire purchase or mortgage. Can you see the problem?