Credit Report Opt Out
Posted On: July 27, 2023 by San Luis Valley Federal Bank in: Financial Education
We recently learned that some members receive many marketing solicitations after pulling their credit report. The four major credit bureaus, Equifax, Experian, Innovis, and Transunion, have made purchasing your credit inquiry data much easier. It is important to note that credit inquiry data is NOT the same as your credit report.
San Luis Valley Federal Bank nor any other bank or finance company control solicitations you...
Protecting your Business
Posted On: July 7, 2023 by San Luis Valley Federal Bank in: Financial Education
What is Business Identity Theft?
In the case of a business, a criminal takes over the identity of a business and uses that identity to establish lines of credit with banks or retailers. Using this credit, the identity thief purchases goods, gift cards, and other items that can be bought and exchanged for cash, or sold with relative ease.
The damage can be devastating to the business and to the...
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